200 Market St, #3412, Lowell, MA, 01852 | $249,900

Affordable condo let’s you build equity instead of paying rent! Stylish, accessible, nestled in the historic canal area, this 2-bdrm condo has a 98 walkability score out of 100! GREAT VALUE: INCLUDED in condo fee are HEAT, hot WATER, AIR CONDITIONING, ELEVATOR, basement STORAGE, main floor BIKE STORAGE, and PATIO area. IN-UNIT LAUNDRY! Match urban chic with economy: wood floors, exposed brick, open layout, natural light w giant windows, high ceilings, primary bdrm walk-in closet, and NO HEAT OR AC BILLS. Perfect for someone looking to access all this vibrant city has to offer, utilize commuter rail, and access many community amenities: UMassLowell, Markets, MBTA rail station, and Nat'l Pk within one mile; Art Studios, Museums, Bike Trail, Restaurants, Shops, Hospital, South Common Park and Pool, YMCA, Heritage State Park, Rynne Beach, Rtes 3/495 a short distance away. No need to clear your car of snow. Seller credit $2, 400 for 2-year parking in adjacent covered garage. See Firm remarks

Features

  • Parking: Available for Purchase
  • Heating: Central, Unit Control
  • Cooling: Central Air, Unit Control
  • Levels: 1
  • Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Main Level, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
  • Complex: Canal Place
  • Year Built: 1908
  • Common Charge: $815 Monthly
  • Approx Sq. Feet: 800
  • Est. Taxes: $3,160
  • Pet Policy: Yes w/ Restrictions
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • MLS#: 73489236
  • Website: https://www.raveis.com
    /prop/73489236/200marketst_lowell_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Room Information

Type DescriptionLevel
Bedroom 2 Closet, Flooring - Hardwood, Half Vaulted Ceiling(s)First
Dining Room Flooring - Hardwood, Open Floorplan, Lighting - OverheadFirst
Kitchen Flooring - Stone/Ceramic Tile, Lighting - OverheadFirst
Living Room Closet, Flooring - Hardwood, Handicap Accessible, Open FloorplanFirst
Master Bedroom Walk-In Closet(s), Flooring - Hardwood, Half Vaulted Ceiling(s)First

William Raveis Family of Services

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Matthew DeMariaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 147983

845.290.3871

Matthew.DeMaria@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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200 Market St, #3412, Lowell, MA, 01852

$249,900

The Sabbagh Team

Sales Associates

William Raveis Real Estate

Phone: 203.794.9494

TheSabbaghTeam@raveis.com

Matthew DeMaria

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 845.290.3871

Matthew.DeMaria@raveis.com

NMLS Mortgage Loan Originator ID 147983

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $199,920 $199,920 $199,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.952%
Monthly Tax Payment $263 $263 $263
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,197 $1,262 $1,660
Total Monthly Payment $1,535 $1,600 $1,998

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.