Located in the heart of North Adams, this classic two-family home at 12-14 Orchard Terrace offers a great investment opportunity just minutes from downtown shops, restaurants, and cultural attractions. Each unit features 3 bedrooms and 1 bath, with the first-floor unit fully renovated and the second-floor unit ready for your updates.
Separate heating and electric make for easy management. While there's no off-street parking, the current owner has utilized a nearby lot for over 30 years. Set on a quiet, tree-lined street with mountain views, this property is perfect for investors or owner-occupants alike.
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Listing courtesy of LAMACCHIA REALTY, INC 413-443-7274
12-14 Orchard Ter, North Adams, MA, 01247
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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