Let this be your next amazing Residential and/or Commercial business opportunity! As a residence you can envision and turn this gorgeous property into a residential home with privacy, views of Wu ledges, and the tranquil sounds from the Mill Brook. As a Commercial property, motivated seller is now open to discussion to include the sale of this reputable business! This is the opportunity of a lifetime to create your own wellness sanctuary upon this already thriving business and beautiful property. Currently, the original building is a Massage Therapy practice of 25 years and is a well known staple in the Mad River Valley. The office space boasts four lovely rooms with 1 1/2 baths. This unique and beautiful property was also recently rezoned to accommodate 4 additional dwelling units behind the original structure. In addition this property will have free connection to the towns newly approved future septic system and is on the town water system. With its close proximity to Sugarbush Resorts and Mad River Glen, this centrally located property provides a wealth of opportunity! Walking distance to Mad River Path, shopping, restaurants, Mad River Valley Welcome Center, and its new Recreation Mountain Biking Hub. The spacious level lot boasts lush perennial gardens, a fieldstone patio, mature trees, plenty of existing parking available, and immediate access to pavement. Grab a piece of the Mad River Valley and make this dynamic opportunity yours today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
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 | $365 | $365 | $365 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,460 | $3,456 | $4,459 |
Total Monthly Payment | $3,917 | $3,913 | $4,916 |
* 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.