Rare opportunity to acquire all 6 condominium units at 145 N Common St in a single transaction—a turnkey income package for investors. All six 1-bed units are owned by one owner and offered together, with five units leased, one vacant, and producing income— ideal for an investor. Solid three-story building directly across from Lynn Common and bus stops. Each unit is individually deeded, giving an owner the flexibility to hold the package as a portfolio or sell units off over time. Unbeatable location—steps from Lynn Common, on the bus line, close to downtown Lynn and the commuter rail, and just over a mile to the ocean and Lynn/Nahant beaches. Cash or portfolio financing required (all six condos held under one ownership).
145 N Common, Lynn, (Lynn Common), MA, 01905
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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