Unique Well Cared For Residential / Limited Business Property nestled in the heart of the West Side with great off-street Parking. Rare Mixed Use property currently used as residential including two (1) bedroom units and One Studio Unit. Also, has 2 rooms on 2nd and 3rd level currently used for storage. Possible additional use. Each unit has separate heating, hot water, and electrical systems to minimize owner expense. Past use included a real estate office and hair salon. This property also has off street parking for 10+ vehicles. It also has a private driveway leading to a detached garage (19 feet by 18 feet). All residential and commercial units have their own entrance and exits. Possibility for 4 unit. Don't miss out on this fantastic opportunity. Property has had numerous updates over the years. Prime Location. First time on the market in almost 30 years!
346 Lovell St, Worcester, (West Side), MA, 01602
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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