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Presented by
Amy Sebell - Sebell-Vogt Homes |
Positioned on 2. 8 beautiful acres, 232 Nicholson Drive is the kind of property that rarely comes available—a true value-add opportunity with room to dream big. Formerly home to the Leadership in Outdoor Recreation Education (LORE) program serving the Southern Wesleyan University community, this property has a history of bringing people together. Now, it’s ready for its next chapter. Inside, you’ll find a generous layout featuring 3 bedrooms, 4 bathrooms, a light-filled sunroom, and a full partially finished basement offering expansion potential for additional living space, a workshop, recreation area, or guest quarters. The bones are here. The space is here. The opportunity is here. Yes, it needs updating and is being sold strictly as-is. But for the buyer with vision, this is where equity is built. Whether you're an investor looking for your next project or a homeowner ready to customize every finish to your taste, this property delivers the square footage, land, and flexibility that make renovations worthwhile. A 2-car garage adds everyday convenience, while the expansive 2. 8 acre setting opens the door to gardens, outdoor entertaining areas, hobby spaces, or simply enjoying privacy and room to roam. If you’ve been waiting for a property with land, size, and upside potential—this is it. Opportunities like this don’t last long. Schedule your showing and start imagining what 232 Nicholson Drive could become.
| Type | Dimensions | Level |
|---|---|---|
| Bedroom2 | 11x10 | Main |
| Bedroom3 | 10x10 | Main |
| DiningRoom | 18x15 | Main |
| Garage | 20x27 | Main |
| Kitchen | 14x13 | Main |
| LivingRoom | 29x14 | Main |
| Other | 28x13 | Lower |
| Other | 52x13 | Lower |
| PrimaryBedroom | 14x13 | Main |
| Sunroom | 13x27 |
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Our Executive Mortgage Banker:
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$329,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 978.808.1852
Amy.Sebell@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $263,200 | $263,200 | $263,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.398% | 5.595% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,536 | $1,621 | $2,133 |
| Total Monthly Payment | $1,611 | $1,696 | $2,208 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.