Exceptional development opportunity in a highly desirable Pawtucket Boulevard location! This property is being offered with an approve permits plans for a proposed three-unit townhouse development featuring modern 2-bedroom residences with approximately 1,803 sq ft of living space per unit. The proposed design includes open-concept living areas, private decks, parking underneath the building, and attractive low-maintenance exterior finishes. Total proposed building area is approximately 5,409 sq ft. This parcel already have electrical, gas, water and sewers ready. Located near UMass Lowell, major commuter routes, shopping, dining, and recreational amenities, this site offers strong potential for both resale and long-term investment. Buyers and their representatives to perform all due diligence regarding permits, approvals, zoning, and development potential.
535 Pawtucket Blv, Lowell, (Pawtucketville), MA, 01854
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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