Rare Find! Nice 3-Family on Shrewsbury Street w/ Amazing Equity Potential! 1st Floor is Vacant & 2nd/3rd Floor at TAW. Nice Solid Building with a recent roof 5-7 years old. Apartments can use cosmetic updating to increase rents, cash flow and overall property value immediately. All 3 floors are 2 bedrooms w/ the option to convert to 3 bedroom units. The basement has a finished area for great bonus space. Vinyl Siding, Fenced in Yard w/ Patio, front/Back Porches & Laundry Hookups! 1st Floor Vacant, 2nd/3rd Floor at TAW paying $800 and $1100. Market rents for all units is $1800 per month. Open House this Sunday 11-12:00pm!
Amenities:
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
247 Shrewsbury St, Worcester, MA, 01604
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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