Opportunity Knock on this great 3 family home located in the Acre area could be your potential real estate investment dreams. The property is conveniently located not to far from UMass Lowell - South Campus, Lowell High School, Stoklosa Middle School, Murkland Elementary School, Bartlett Community Partnership School, Market Basket, Walgreen, etc. All units are individually metered for gas and electric. Each tenants currently paid for monthly Solar electric as follows: Unit1: $100, Unit2: $100, Unit3: $70 and own gas. Perhaps all tenants are not paying rent at current rental market price. Buyer to assume Sunrun Solar Agreement from Seller has 25 years with SunRun Solar company with a monthly lease of $195.01.The property will not be delivered vacant. Buyer to assume all Tenancy At Will tenants.
210 School Street, Lowell, MA, 01854
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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