Attention investors and builders- This 4 unit 2 bedroom condominium is ready to go. Permits applied for, Engineering, plans, specifications done- it is shovel ready. Builder/owner has many other projects going and wants to move this one off his plate. Bank Appraisals are in hand, and are very attractive- Retail value of project is very high. Sell the units individually, or choose to hold them for top dollar rentals. Seller will provide all plans, engineering, Vendor pricing to date and a clean hand off. Permit fee's have already been paid to the city but are not a part of the listing price. Take advantage of the hot market and start selling today with this truly shovel ready project.
32 Hemans Street, Worcester, MA, 01605
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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