Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 153-159 E Central Street in Franklin, Massachusetts.The three-story building contains five (5) residential units comprised of two (2), 1-Bedroom/1Bathroom units, two (2), 2-Bedroom/1-Bathroom units, and one (1),5-Bedroom/1-Bathroom unit with 3,844 square feet of living area in 11,400 total gross square feet. The Property is situated on a 0.156-acre parcel of land and features six (6) on-site parking spaces. There are currently three vacant units. A great opportunity for an investor to place market rate tenants in an emerging market.
Parking:
6-car, Paved Drive, Shared Driveway
Construction
Frame, Brick
Lot Description:
Easements
Amenities:
Public Transportation, Shopping, Golf, Highway Access, Public School, T-Station
153-159 East Central Street, Franklin, MA, 02038
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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