Nestled within the historic heart of the up and coming Fitchburg, this distinguished multi family residence at 16 Temple St offers a unique opportunity for those with a keen eye for restoration and investment. Tremendous potential to bring this cash cow back to life. Situated on Temple St, the property is conveniently located near downtown Fitchburg, offering easy access to local shops, restaurants, and cultural attractions.With the right vision and renovation, this property has the potential to be a standout investment opportunity in Fitchburg's real estate market.This property is being sold in "as-is" condition cash or private financing only! Prospective buyers should be prepared to undertake substantial renovations to bring this historic gem back to life. Property is vacant! ARV 550K + . The city has required approval, and parking to reinstate legal use. Use of lot across the street is included in sale to create necessary spaces. Reach out for your showing today!
16 Temple St, Fitchburg, MA, 01420
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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