Introducing 32 Lowell St, Reading, MA - an exceptional 7,041 SF building ideally suited for a Special Purpose/School/Church us or adaptive re-use into a single family residence. This historic property, built in 1913, offers ample space and is zoned S15, ensuring versatile use. Designed by George H. Sidebottom in 1913, this limestone and granite Late Gothic Revival style church was initially developed by the First Church of Christ, Scientist. Sited on a 21,175 SF lot, the property was recently used as a church and is now a fine arts school. The owner estimates a capacity of 270. The property is listed on the Massachusetts Historic Register. The stone facade needs repair or replacement. The property is being sold in its current condition. The seller seeks occupancy through July 31, 2026.
32 Lowell St, Reading, MA, 01867
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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