Great location!! Rare Offering!! End units in busy office park with business front exposure on heavily traveled Stedman St. & conveniently located to access Rtes 495 & Rte 3.This double unit is currently being mostly being used as an Adult Day Care Facility with handicapped accessible entry ramp,(4) bath rooms & (2) small kitchens. There is also a separate office area on the second floor with it own private entrance. The units are zoned LI (Light Industrial) which allows for a variety of uses, including office,light manufacturing, warehousing,retail & a great location for a church congregation,just to name a few. The unit possibly could be subdivide to create 2 or more units. Monthly Condo fee is $365.37 mo. per unit.
225 Stedman Street, #31 & 32, Lowell, MA, 01851
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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