A Rare Opportunity to ReImagine this Expansive Property! 222 Feet of Frontage Zoned RC, Multi-Family use is allowed with a special permit from ZBA (Not Yet Approved or Applied for). Offering over 9,000 sq. ft., This Building combines Historic character with Modern potential. Built 1854-1864, with Major Additions in the 1950s, it features 4 floors, 4 Garage Bays & 2 Basements Below Grade with Full Access under the Walkout & Last Garage Bay. Highlights include The Original 4 Floor Curved Staircase, Elegant Trim, Oversized Windows, 3 Original Fireplaces & Stately Cupola. The location offers incredible future appeal, situated minutes from the Fitchburg Commuter Rail Station and just off Main Street, which is undergoing Hundreds of Millions of Renovations. With ample parking and proximity to downtown amenities, this is a prime opportunity for contractors and developers ready to transform its potential into something extraordinary! Cash or Rehab Loan Only.
85 Blossom Street, Fitchburg, MA, 01420
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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