Free standing building Zoned OR for Office/Research on 1. 17 Acre of Land in Downtown Southbridge! Refurbished Schoolhouse in 2013 with two energy upgrades - Industrial with a mix of Office, Lab, Warehouse/Flex space featuring 9730+/- sq ft of gross leasable area including Offices, Labs, Conference Room, Lounge, Kitchen, Machine Shop, and Shower Room. 32 onsite parking spaces. Easily access major routes including 90, 395, 20, 31, and 131. Corner lot at busy 4 way intersection with 4-way Stop and high traffic count/visibility. This property is in an Opportunity Zone. Sold fully furnished/equipped with current occupancy primarily biotech/labs. There are no long term leases in place. Recoated roof with silicone and 25 year transferable warranty, Sprinkler System, Security System, and Keyless Entry. Infrared rejecting film on windows. LED updated lighting. New kitchen appliances.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $850 | $850 | $850 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,720 | $7,389 | $9,965 |
Total Monthly Payment | $7,695 | $8,364 | $10,940 |
* 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.