Two-family investment opportunity in a prime Medford location. Proforma gross annual income of $76,800. Property consists of one 3-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit with an additional flex room. Separately metered gas and electric, off-street parking, and strong value-add potential through future renovations and rent growth. Ideal for investors seeking long-term cash flow, owner-occupants looking to offset housing expenses, or those exploring future condo conversion potential. Conveniently located near Tufts University, the Green Line Extension, Medford Square, major commuter routes, and public transportation. Property will be delivered vacant and ready for its next owner.
75 Orchard, Medford, MA, 02155
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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