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Welcome to Townsend's Central Plaza mall location right on RTE. 119 near the center of Town. Triple net lease. CAM is currently $3. 00 a sq ft. Yearly Common Area Maintenance Anchored by Family Dollar, Champion Cleaners, Sofia's Pizza, TCAM, Mass. Dot and New England Nails . New Owner has made some major repairs to the building/parking lot (May 2018) New septic in 2024. and is anxious to work with enthusiastic business owners. Located near local banks, the post office, restaurants & our Townsend Common. Townsend alone has just over 9, 000 residents in its 33 sq. miles however is part of the Pepperell, Townsend, Ashby regional school system and all three towns together have @ 28, 000 residents. NNN -Tenants responsible for a portion of the property expenses. CAM is based on the percentage of their unit. $3. 00 sq ft per month--2 units are currently available in this complex. #7 is @ 1200+ Sq Ft and in decent condition. Unit #2 is currently used as a warehouse and has a loading doc. inc.
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Our Executive Mortgage Banker:
Our Insurance Division:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $1,440 | $1,440 | $1,440 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $9 | $9 | $12 |
Total Monthly Payment | $84 | $84 | $87 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.