13 Elm St, Danvers (Danvers Center), MA, Massachusetts, property flyer

13 Elm St, Danvers (Danvers Center), MA, 01923 | $24

Available inline retail opportunity in downtown Danvers MA, gorgeous space with two handicap accessible bathrooms. Each tenant has their own electric, natural gas and water meters. The Premises is a 2, 746 +/- square feet of a ground-level retail building with about 26 feet of high glass frontage and a full basement for dry storage. Three municipal parking lots within 100-feet of the subject property with an extraordinary amount of on-street parking as well. Great location for a restaurant, local or regional retail, professional office or service oriented uses. 13 Elm Street is available for NNN lease, or an owner occupant purchase opportunity that will qualify for special financing as low as 10% down. 15 Elm Street is additional income with a long-term tenant in place through August 2027.

Features

Town: Danvers
Utilities: Public Water, Public Sewer
Parking: 1-car
Zoning: DTC-C

Year Built: 1910
Approx Sq. Feet: 2,746
Acreage: 0.12
Est. Taxes: $12,512

MLS#: 73302818
Website: https://www.raveis.com
/prop/73302818/13elmst_danvers_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 Brian Dapice courtesy of The Mega Group

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
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13 Elm St, Danvers (Danvers Center), MA, 01923

$24

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	$19	$19	$19
Term	360 months	360 months	180 months
Initial Interest Rate**	7.375%	6.990%	5.990%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	7.708%	7.133%	6.256%
Monthly Tax Payment	$1,043	$1,043	$1,043
H/O Insurance Payment	$75	$75	$75
Initial Principal & Interest Pmt	$0	$0	$0
Total Monthly Payment	$1,118	$1,118	$1,118

* 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.