Located in Haverhill on Route 125, this 0. 62-acre commercial lot offers an excellent opportunity for constructing a building that can accommodate a variety of businesses, including retail, wholesale, office, and service uses. According to city guidelines, these uses are permissible under CH zoning. Excellent exposure and visibility offered in This flat, cleared . 62 acre lot on South Main St. “Route 125” offers excellent exposure and visibility. This mixed-use parcel presents a wealth of opportunities and is complete with water, sewer, and electric already brought onto the parcel. The Buyer and Buyer's agent are responsible for all permitting and due diligence. Route 125 has many neighboring commercial businesses and restaurants, offers convenient access to Interstate Highways, and has a high traffic count of vehicles per day per MA DOT (2002). Bring your ideas and entrepreneurial spirit! The lot is located next to a 153 apartment complex currently under construction.
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$1,400,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,120,000 | $1,120,000 | $1,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $543 | $543 | $543 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,272 | $6,805 | $9,226 |
Total Monthly Payment | $6,940 | $7,473 | $9,894 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.