Charming home on a desirable corner lot near Magoun Square in Somerville! Used as a spacious single-family residence, public records shows this as a two-family home, offering investment potential. Featuring 4 bedrooms and 2 baths, this property boasts solid bones and immense potential, though it requires some renovation to truly shine. Perfect for investors or homeowners looking at the possibility to create two separate condos, Additional highlights include off-street parking (two driveways and a garage), a spacious yard, and close proximity to local amenities. Unlock the potential of this versatile property and turn it into a valuable investment or your dream home. Located close to shops, dining, and public transit, as well as I-93. Buyers to do their own due dillegence. First showings at open house Thursday 10/24 4:30-6pm.
608 Main St, Medford, MA, 02155
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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