Welcome to “The Woo!” Perched atop Vernon Hill, this six-family offers an outstanding opportunity for generational wealth in one of Worcester’s most desirable neighborhoods. Each of the units is well maintained, providing strong rental income & long-term value. Enjoy city views & Vernon Park as your back yard, featuring a playground, pool, & ballfields. Minutes to Polar Park, DCU Center, restaurants, & downtown nightlife. Close to WPI, Holy Cross, Becker, & UMass Medical, w/ quick access to I-290, I-395, I-495, the Mass Pike, Rt 9, Rt 146, the train station and ORH. Each unit is individually metered for electricity & has its own hot water tank, along w/ a landlord meter. Recent updates include 2 newer chimneys & upgrades to Units 3R & 3L with refinished HWs, updated kitchens & baths, & windows. 6-bay garage offers added income potential— 1 bay is heated. Centrally located to Boston, Providence, Hartford, & Nashua, this property offers stability, convenience, & strong investment appeal.
17 Fairbanks Street, Worcester, MA, 01610
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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