Fantastic opportunity to own a highly visible commercial building with over 7,600 of updated office/studio space. The building is situated on a 4 way intersection (Pearl St & Torrey St), in a bustling business zone. The Property is separated into 2 units. Unit 1 has 2 stories, a waiting room with bathroom, admin office, 6 large private offices, Kitchenette, and 3 separate bathrooms (currently being used as a psychiatric office, will be delivered vacant). Unit 2 also has 2 stories and 7 large offices, 2 updated private bathrooms, open admin area, spacious conference room with built-in bookcases with large windows. Unit 2 has newer carpet, paint and the 2nd floor was just renovated with wide plank pine floors, neutral paint and new mini split systems in each office. Unit 2 has one tenant at will who is occupying one office. Unit 2 has been used as a law practice. This property is just waiting for your business to move right in and let the tenants pay your mortgage!
529 Pearl St, Brockton, MA, 02301
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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