DEVELOPMENT OPPORTUNITY in the very best part of Lowell in the heart of the newly created Hamilton Canal District. Steps away from the brand new Lowell Justice Center. Approved 20 residential units along with 1-4 commercial spaces on the first floor. Many options for offices/restaurant/retail space on ground floor. Walk to the train to commute to Boston, walk to restaurants, shops, museums, minutes to Lowell connector, RT. 3, RT. 495 highways. Great investment project. Parking is on street with 5 spaces, garage parking short walk, city parking lot adjacent. This development will have amazing views of the city and several canals as well as spectacular sunsets and sunrises. The owner and broker make no warranties or representations. Buyer/agent to due their own due diligence. Buyer to pull their own building permit.
43 Fletcher St, Lowell, MA, 01852
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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