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Turnkey 2-Family with Strong Rent Roll & Owner-Occupant Potential. Well-maintained and income-producing, 69 Main Street offers an excellent opportunity for both investors and owner-occupants in the desirable town of Pepperell. This two-family property currently generates $3, 550 per month in rental income, with tenants responsible for their own utilities, helping keep operating expenses low and returns attractive. The property features two spacious units with practical layouts and off-street parking, making it an easy-to-manage asset with steady tenant demand. Both units are currently occupied without long-term leases, creating flexibility for a buyer to owner-occupy one unit while collecting rental income from the other, or for an investor to reposition rents overtime. Conveniently located near local amenities, schools, and commuter routes, the property offers the perfect blend of stable income and long-term value in a strong rental market. Open Houses: Sat 4/25 & Sun 4/26 11am-1pm
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Our Executive Mortgage Banker:
Our Insurance Division:
$579,995
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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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 | $463,996 | $463,996 | $463,996 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.284% | 5.595% |
| Monthly Tax Payment | $417 | $417 | $417 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,708 | $2,819 | $3,761 |
| Total Monthly Payment | $3,217 | $3,328 | $4,270 |
* 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.