POTENTIAL INCOME PRODUCING INVESTMENT PROPERTY WITH 6 Bedroom 4 Full Bath. EACH UNIT has a large finished additional room on the 3rd floor, with area for storage currently used as 4th bedrooms per unit. Recent upgrades and repairs include Roof, Bathrooms, Kitchens, Floors, Walls, Doors, Paint etc. Each unit has 4 Bedrooms and 2 Full Bath along with 16X9 Walk-In Closet in each Main Bedroom. Separate Utilities, Off-Street Parking, Gas heat and HW. Located in Lower Highlands Neighborhood, minutes from Commuter, Public Transportation, Restaurants, Shops, Stores etc. Off street parking and secure basement with interior access for each unit, List of renovations attached to listing. 1 TAW 1 Lease. Both units are occupied at 3150/month each. Photos are prior to tenant occupancy.
Laundry Remarks:
Washer Hookup, Dryer Hookup, Gas Dryer Hookup, Electric Dryer Hookup
Heating:
Forced Air, Natural Gas
Basement:
Full, Interior Entry
Parking:
4-car, Paved Drive, Off Street
Utilities
for Gas Range, for Gas Oven, for Gas Dryer, for Electric Dryer, Washer Hookup
Appliances:
Range, Dishwasher, Microwave
67-69 Loring St, 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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