Presenting a unique investment opportunity in Leicester — This property has been home of Buddy's Spa, a well-established eatery with a classic diner atmosphere. Buddy's has been known for its nostalgic charm and loyal customer base over the years, it has truly been a gem to many local residents and passersby alike! Located on Stafford Street, this property offers dual income potential in a high-traffic area. Recent updates include brand new furnace, new oil tank (approx 2 years ago), new hot water tank (approx 3 years ago), updated electrical panel (approx 5 years ago). The adjacent space currently being used as a hair salon presents an opportunity for new owners to generate rental income or to utilize the separate space for their own business. This versatile property is perfect for an investor looking to explore new ventures in a thriving community. This could be the perfect place for a current business to expand and thrive or for entrepreneurs to build and establish something new!
1080 Stafford Street, Leicester, MA, 01542
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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