This 3.73-acre lot boasts an excellent in-town location with access to town water and sewer, zoned Suburban Residential. A conceptual plan exists for three single-family building lots. Under the current zoning, a site plan and special permit could allow for Town Houses or Condominiums. Buyers should conduct due diligence with the Town of Palmer. Situated near the Pike exit, the property's rear borders the MA turnpike, neighboring a large multi-family residential building and church property. The lot features 450 feet of street frontage and, although previously cleared, now exhibits some overgrowth. It is the buyer's responsibility to confirm all details with the Town of Palmer.
Lot Description:
Level, Other
Amenities:
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship
Elementary School:
Old Mill Pond
Sub-Agency Relationship Offered:
No
62-91 Lawrence Street, Palmer, MA, 01069
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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