The opportunity is here to own this two story professional office building consisting of approximately 5658 square feet of space. This high visibility property is located just a few blocks from the MGM casino. The property currently consists of four units two on each floor. The two units on the left side each contain approximately 1,829 square feet of space and the two units on the right side each contain approximately 1,000 square feet of space. The two first floor units also have access to a partially finished basement for additional space. There are separate gas and electric meters for each unit. The 8891 square foot lot contains a fenced in paved 20 car parking lot. The second floor windows and roof were replaced approximately 10 years ago. High efficiency LED lighting has also been installed. One of the HVAC units was replaced less than two years ago. All information is As Per Owner.
924-934 Main Street, Springfield, MA, 01103
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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