Versatile Commercial/Residential Property with Flexible Zoning – Prime Location off Route 2 Opportunity awaits with this unique mixed-use property located just off Route 2. Situated on a 0.5-acre lot, this 1,028 sq ft building offers flexible zoning for both commercial and residential use, making it ideal for a range of possibilities—whether you envision a convenience store, café, or a single-family home conversion. Originally built in 1930, the structure features a flat roof, reinforced back wall for added support, and a full cellar. Heating is provided by oil, and on-site parking adds convenience for customers or residents. With an estimated $50,000–$70,000 in repairs, this property is ready for transformation.
7 Lester St, Erving, MA, 01344
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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