This historic building resides in Cheney Mill's renowned historic district, once a pivotal site in silk production during the late 19th and early 20th centuries. Today, it stands among over 200 meticulously converted mill buildings, now housing offices and residential units. Conveniently situated in south Manchester, it offers seamless access to major highways and local amenities. Sold "as is", with negotiable contents, this property presents a promising opportunity. Though it requires renovation, envision its restoration under the guidance of a skilled contractor, revitalizing it to its former splendor.
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Listing courtesy of James Richard, Executive Real Estate Inc. Email: jrich.executive@gmail.com
153 Pine Street, Manchester, CT, 06040
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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