Prime Commercial Building with 2 Units & 1 Spacious Apartment. Located a cross the street from Pailin Plaza, a bustling, high-traffic area, this versatile mixed-use property offers investors and business owners an incredible opportunity. Whether you want to expand your business, generate rental income, or both, this property delivers on all fronts. It has two commercial retail units on the ground floor and a spacious and newly renovated apartment in the lower level. It currently operates as a jewelry store on one side (717) & a pawn shop on the other (719). These two commercial units boast large storefront windows, high visibility, and plenty of foot traffic.. The lower level apartment has a walk-out basement with 1-2 bedrooms, a full kitchen and two full bathrooms, brand new appliances, and a granite countertop kitchen. This is a rare opportunity to own this unique commercial building.
717 Middlesex St, Lowell, MA, 01851
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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