This very unique offering of a commercial building and a separate single family home means you could live and work in the up and coming town of New Lebanon. The 3340 sf commercial building most recently housed a thrift shop currently has an open floor plan, however, it could easily be made into at least 3 separate units, one of which could be an apartment (live where you work). There currently is a half bath and 2 other baths with some with existing fixtures including showers. Currently there is no heating system in this building. On the same lot exists a 4 bedroom single family home (town has it listed as 3 BR) with 2 baths, built in 1850, 1508 sf that is currently rented on a month to month basis. Property and buildings are being sold as-is
435 State Route 20, New Lebanon, NY, 12125
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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