Opportunity is knocking! ANR (Approval Not Required) Plan on hand for this prime location at Vernon Hill! With an approved permit, you can start right away to build a beautiful three-unit condo on this 5505 sqft corner lot. The current design has three identical townhouse units of 1629 sqft each with 2 bedrooms and 1.5 bathrooms and a two-car garage. Other designs such as a three-deck complex can also be an option. With its proximity to major highways (I-290, Rt.146 and the Mass Pike) and less than 2 miles to the Union Station, this is a fantastic location for commuters. Other attributes making the lot attractive include parks and fields in the neighborhood, various nearby shops and restaurants, etc. offering convenient living. Besides, the College of Holy Cross is 1.5 miles away. All these make this a rare investment opportunity. Seize it before it gets snapped up by other savvy investors!
Lot Description:
Corner Lot
Amenities:
Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Highway Access, Private School, Public School, University
26 Maxwell St, Worcester, MA, 01607
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
