Exceptional investment opportunity in the heart of Worcester! This massive 3-family property offers an impressive total of 14 bedrooms and 5 bathrooms, making it ideal for investors seeking strong rental income potential or owner-occupants looking for a value-add opportunity. The property features spacious units with flexible layouts and abundant living space. With more than 10 parking spaces available, this is a rare find that adds significant value and convenience for tenants. The building will be delivered fully vacant, providing a unique opportunity for the new owner to set market rents, renovate, or reposition the asset to maximize returns. Conveniently located near local amenities, public transportation, and major routes, this property is well-positioned for long-term appreciation and cash flow. Don’t miss this rare chance to acquire a high-capacity multi-family property with tremendous upside in a growing Worcester market.
8 Lowell St, Worcester, MA, 01603
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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