Rare opportunity in Worcester! 11 Unit investment property with ample parking space! Unit mix consists of five studios, five 1br and one 2br. All tenants at will and have opportunity to bring up to market rent. Studios have PTAC heating and cooling system, while the other units have electric baseboard heating and window AC cooling.**Option to purchase this property along with 4 Allen St. directly to the right of this property.**3D Tour of every unit attached. Seller will entertain offers with buyer concessions.
Heating:
Wall Unit, Electric
Cooling:
Wall Unit(s), Window Unit(s)
Parking:
5-car, Paved Drive, Off Street, Paved
Appliances:
Range, Microwave, Refrigerator
Compensation Based On:
Gross/Full Sale Price
8-10 Allen St, Worcester, MA, 01610
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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