116-118 Walker St contains one (1) 3-Bedroom/1-Bathroom unit, one (1) 2+Bedroom/2-Bathroom unit, and three (3) 1-Bedroom/1-Bathroom units with 3,832 square feet of gross living area in 5,627 square feet of gross area. The Property is situated upon a 0.09-acre parcel and features three (3) sets of tandem parking spaces, capable of fitting up to six (6) cars. Tenants are responsible for heat and individually metered electricity. The Landlord provides city water & sewer. The Property is strategically located in Lowell, offering convenient access to the city’s downtown amenities and UMASS Lowell. The building has a current cap rate of 7.23%.
Parking:
6-car, Off Street
Amenities:
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
116-118 Walker St, Lowell, MA, 01854
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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