INCREDIBLE INVESTMENT OPPORTUNITY in very desirable area of Peabody. Whether you are an investor, looking to add to your portfolio, or a buyer looking for rental income to supplement your mortgage payment, this property offers it all. Located on a very quiet side street, it boasts three well-maintained, turn-key units, making them easy to rent in the HOT PEABODY RENTAL MARKET. The current rents are well below market value. In addition, there is the potential for the addition of a fourth unit in the loft space above the garage. BUYER TO DO THEIR OWN DUE DILIGENCE ON THE POTENTIAL FOR THIS ADDITIONAL UNIT.
Basement:
Full, Finished, Walk-Out Access, Interior Entry
Parking:
6-car, Paved Drive, Off Street, Tandem, Paved
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No
9 Shamrock St, Peabody, MA, 01960
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
