High-Visibility Mixed-Use Opportunity | Prime Corner Lot | Diverse Income Streams | Significant Value-Add Potential. Unlock the full potential of this versatile mixed-use property situated in the heart of the highly sought-after Highlands neighborhood. Positioned on a high-traffic corner lot, this property is a rare find for savvy investors or those looking for a strategic owner-occupied investment. Turnkey Commercial: The first floor offers retail and office space providing immediate income. Flexible Residential Living: The second floor features a spacious residential unit, ideal for high-yield rental income or on-site owner’s suite. The unfinished section on the second floor provides a blank canvas for a value-add, allowing you to expand the residential footprint or the commercial space. The detached 3-Bay Garage offers additional untapped revenue potential for a workshop, studio, or storage space. A large lot provides ample space for additional parking, or expansion.
1008 Westford St, Lowell, (Highlands), 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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