Attention builders, contractors, investors, flippers, savvy buyers... Opportunity for rehab project/teardown. Conveniently located in a nice mixed residential neighborhood very close to Maynard center. Currently used as a social club, the building sits on a .252 acre lot and has 1,824 square feet of finished area. The footprint is 48' wide x 38' deep (ideal for duplex/condo), with 1 bathroom, vinyl siding and nice square lot 100' on a side, zoned general residential. This property is being sold as is and may not qualify for conventional financing. Cash or rehab financing preferred. Buyers are encouraged to perform their own due diligence regarding zoning, permitted uses, development potential, and approvals with the Town of Maynard. This project is well-positioned for success!
62 Waltham Street, Maynard, MA, 01754
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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