LOCATION! This well maintained commercial building is located in a central part of Salem, with easy access from neighboring cities and towns, adjacent to highways and public transportation. The property features two large units, the first floor has had a long term tenant and has two private bathrooms, The second floor currently has an owner occupied Salon and has one private bathroom. The building has been well maintained and features 2 heating systems by oil and centrai air, solar panels and private entrances (front and back). Parking for 11 vehicles out back is a rare find and ideal for clients and customers. Don't miss this opportunity, great for investors or owner/occupied business with many possibilities!
97 Boston Street, Salem, MA, 01970
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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