The Mayor of Honea Path has indicated that the property may be used for residential purposes but only by the individuals utilizing it for commercial purposes in the store front area. Welcome to a property that's truly a treat, at 22 N Main St, it can't be beat! This commercial building, prominently located on Main Street, offers a versatile space for your business needs and an exciting residential potential in the rear portion. The front portion of the building boasts ample commercial space, making it ideal for a wide range of business ventures. Live and work from the same location, offering convenience and flexibility like no other. With the ability to use the rear as your primary residence, you can potentially save on living expenses while running your business efficiently. The property's layout is flexible and can be adapted to suit your specific needs. Don't miss out on this incredible opportunity to own a commercial building with residential potential on Main Street. Whether you are an entrepreneur looking to establish your business or seeking a unique live/work arrangement, this property has it all. Schedule a showing today and explore the possibilities it holds for you!
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William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $99,920 | $99,920 | $99,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $152 | $152 | $152 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $682 | $664 | $843 |
Total Monthly Payment | $909 | $891 | $1,070 |
* 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.