LOCATION! LOCATION!! LOCATION!!! The possibilities are endless with this versatile property. Located in a bustling area with high foot traffic, this store front is sure to attract customers and clients. The proximity to the high schools makes it an ideal location for businesses targeting the younger demographic. The on-site private parking is a huge convenience for both customers and tenants, ensuring easy access to the property. The four 2-bedroom apartments and one 1-bedroom apartment provide additional income potential for investors. With the growing demand for rental properties, this property is sure to attract tenants quickly. The historic charm of the building adds to its appeal, making it a unique and attractive investment opportunity. Whether you are looking to start a new business, expand an existing one, or add to your investment portfolio, this property has everything you need. Don't miss out on this opportunity to own a piece of history in a prime location.
423-427 State St, Springfield, (Hill McKnight), MA, 01105
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.
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