1656 Longmeadow St, Longmeadow, MA, 01106 | $450,000

A very rare multi-family opportunity in beautiful, historic Longmeadow!! Owner-occupy the gorgeously renovated first floor unit while renting out the second floor unit towards your mortgage or add this lovely property to your investment portfolio! Original exposed brick, fireplaces and hardwood flooring has all been salvaged with modern style and flare added to the kitchen with beautiful new cabinets, countertops and convenient laundry right in the kitchen. Not your style?! Easily move the washer/dryer hookups to the back porch and turn this area into a multi-purpose mudroom/office/laundry room. The first floor unit offers direct access to the basement with separate furnaces, hot water tanks and electrical panels. Minutes from the CT border and entrance to Interstate 91, this property offers all of the fantastic amenities of Longmeadow living with a flexible, multi-family setup! Second floor tenant is long-term, month-to-month and showings of this unit can be arranged with an offer.

Features

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School, University, Sidewalks
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Units: 2
  • Laundry: Gas Dryer Hookup, Washer Hookup
  • Year Built: 1740
  • Basement: Full, Interior Entry, Dirt Floor, Unfinished
  • Approx Sq. Feet: 2,608
  • Acreage: 0.37
  • Est. Taxes: $5,770
  • Lot Desc: Level
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • MLS#: 73243461
  • Website: https://www.raveis.com
    /prop/73243461/1656longmeadowst_longmeadow_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Danielle Langevin courtesy of Lock and Key Realty Inc.

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NMLS Mortgage Loan Originator ID 81725

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1656 Longmeadow St, Longmeadow, MA, 01106

$450,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $360,000 $360,000 $360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $481 $481 $481
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,395 $2,393 $3,087
Total Monthly Payment $2,951 $2,949 $3,643

* 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.