Investors this is a great opportunity to own a well maintained 6 Unit Apartment building where tenants pay all their own utilities. Every apartment has 3 bedrooms and 1 full bath room and many of the units have been remodeled since 2019 and a new roof was also installed in 2019. The building is fully occupied and the monthly rents range $1350-1475 providing a turn key income potential to the new owners. The property is currently professionally managed and maintained and has off street rear parking for tenants.
Heating:
Central, Natural Gas
Basement:
Full, Dirt Floor, Unfinished
Parking:
6-car Off Street
Amenities:
Highway Access
High School:
Chicopee High
Appliances:
Range, Refrigerator
Buyer Agent Compensation:
2
Facilitator Compensation:
1
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No
96 Nonotuck Ave, Chicopee, MA, 01013
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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