5,000 +/- SQUARE FOOT BUILDING with easy access to the Lowell Connector. This property is in the center of the City with easy access to all local amenities. The interior has beautiful Hardwood floors, large offices, conference rooms, and half baths on each level. FHA/Central AC. This property has a flexible floor plan with 3 levels that could be used by 1, 2 or 3 occupants. Possible conversion to residential use. All this and 6 parking spaces. The building could also be eligible for the federal 20% historic rehabilitation tax credit (as well as the state 20% historic credit) as it is on the National and State Registers of Historic Places. Another incentive source could be the LDFC's new Historic Preservation Loan Fund. See attached Documents.
37 Kirk 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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