Investment Opportunity – 643 Broadway, Lawrence, MA. Fully occupied four-unit commercial building located at the highly visible corner of Broadway and Whitman in Lawrence. This 2,634 sq ft property offers a strong income-producing opportunity with a proven rental history and long-term tenants already in place.The building is fully leased with stable occupants and minimal historical vacancy, making it a reliable addition to any investor’s portfolio. Tenants are responsible for all utilities except water, helping maintain low operating expenses for ownership.Situated on a prominent corner lot along Broadway, the property benefits from significant daily vehicle and foot traffic, offering excellent exposure for businesses. The building also features a large basement that provides additional storage capacity for tenants or potential operational use.With its premier commercial location, consistent income stream, and established tenancy, 643 Broadway represents a turnkey investment opp.
643 Broadway, #647, Lawrence, (North Lawrence), MA, 01841
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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