Investor Opportunity in Lowell, MA ! Turnkey, high-yield 3-family offering 4,130 sq ft of living area. Great unit mix features two 2-BR units & one large 3-BR unit with 2 full baths. Highly desirable separate utilities and coin-operated laundry in the building for added convenience and income. Major income drivers include 2 large garage bays plus a paved lot for 8 off-street parking spaces. Peace of mind with Lead Compliance Letters on file from 2021! Features efficient hot water baseboard heat powered by gas. Low-maintenance vinyl siding & gable roof. Settled on a 0.14-acre lot with a full 1,400 sq ft basement for storage. Zoned UMF near amenities, transit, & universities. Property sold in average condition. Proven cash producer!
Basement:
Full, Garage Access
Parking:
8-car, Paved Drive, Off Street, Common, Paved
Amenities:
Public Transportation, Shopping, Pool, Medical Facility, Private School, Public School, T-Station, University
168 Suffolk St, Lowell, 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
