Just 1/2 a mile from the heart of downtown Amherst, the three units on this lot are: #57, a cozy antique home that blends timeless character with practical updates & #55, a two-unit rental property. Net operating income reflects expenses for all 3 units; rent is currently only collected from two, as the main home is currently owner-occupied. The main home features many original details that exude historic charm, including hardwood floors, several built-ins, a charming central staircase, butler's pantry, and front porch & balcony. The backyard duplex features two 2-bed one bath units, one on a lease through 4/15/27 & one TAW. Enjoy an unparalleled lifestyle supported by rental income and affordable leased solar power.
Laundry Remarks:
Washer & Dryer Hookup
Heating:
Natural Gas, Oil
Cooling:
None, Wall Unit(s), Heat Pump
Parking:
6-car, Paved Drive, Shared Driveway, Off Street, Paved
Amenities:
Public Transportation, Shopping, Park, Public School, University
Elementary School:
Amethyst Brook
Appliances:
Range, Dishwasher, Refrigerator, Washer, Dryer
55-57 High St, Amherst, MA, 01002
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
