10 Unit-Mixed Use in Townsend, MA , 241 Main St, Townsend, MA for sale

Investment Overview

OWNER FINANCING AVAILABLE: Owner will hold first mortgage (75% LTV) at 5.5% annually with payments monthly of interest only. Ballon payment due and payable in or within 36 months. The mixed-use building is located in the center of Townsend, MA, and consists of 6 residential and 4 commercial spaces. Residential units comprise of 4 two-bedroom and 2 one-bedroom units. Residential units are new construction as of 2024 and are equipped with mini-split heating/cooling systems in each unit. The 12,000 sq ft building is fully sprinklered. There is plenty of on-site off-street parking and a laundry facility. Elevator access to all floors.

Investment Highlights

• OWNER FINANCING AVAILABLE: Owner will hold first mortgage (75% LTV) at 5.5% annually with payments monthly of interest only. Ballon payment due and payable in or within 36 months.
• 12,000 SF Mixed-Use Building / 10 Units: Comprised of 6 residential units and 4 commercial spaces, offering diversified income streams.
• New Residential Construction (2024): Updated units with modern systems, including mini-split heating and cooling.
• Unit Mix: 4 two-bedroom units, 2 one-bedroom units, and 4 Commercial Spaces
• Fully Sprinklered Building: Supports safety and code compliance.
• Elevator Access: Serves all floors, providing accessibility for tenants.
• On-Site Parking & Laundry: Off-street parking and shared laundry facility add tenant convenience.
• Central Townsend Location: Positioned in the town center with access to local amenities and services.