LARGE 3 FAMILY. 50-52 Andrews Street, Lowell is an established multi-family residence that presents turn key investing. This large property, totaling 3,690 well maintained square feet of living area across its 3 units, has (3) well maintained 3-bedroom - 1-bath units each with in-unit laundry, large and updated kitchens and bathrooms, and ample off-street parking in a quiet neighborhood. Close to Public transportation. Fully separated gas heat and electric make this a strong investment property. This property rents well and has the potential for even stronger market rents due to size, condition, parking, laundry, and location.
Laundry Remarks:
Washer & Dryer Hookup
Heating:
Forced Air, Baseboard
Parking:
6-car, Off Street
Amenities:
Public Transportation, Shopping, Highway Access, Public School, T-Station, University
High School:
Lowell High School
Appliances:
Range, Dishwasher, Refrigerator
50-52 Andrews Street, Lowell, (South Lowell), MA, 01852
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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