Four Points Real Estate is pleased to exclusively present for sale 321 Central Street. 321 Central is comprised of 14 office and retail tenants. Tenants enjoy amenities such as an elevator, shared meeting room, library, kitchen, and roof top deck. 321 Central is located in downtown Lowell and walking distance to the new $200 million dollar Lowell Justice Center. This prime space is ready for it's next owner to continue to utilize it as a premier office space or to convert into residential housing. 321 Central sits within Lowell's MFOM Multifamily Overlay /TOD District. Residential conversion requires zero additional parking, eliminating one of the most costly and complex hurdles in urban adaptive reuse. By-right multifamily use eliminates special permit risk. Reach out to Andrew for more info or to schedule a showing.
321 Central St, 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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