Great opportunity to own a nice Multi Family; Great for an investor or owner occupied; Good cash flow; Current rental income is $48,000 per year. There are 2 three-bedroom apartments and 1 two-bedroom apartment on the 3rd floor. Each unit has a washer/dryer hookup; washer/ dryers belong to the tenants. This property seems to be zoned as 4-8 family. As a bonus there is an attached single family type house as part of the property. This part of the house needs to be totally renovated but has great potential. There are 2 floors, and a basement and is laid out like a single-family home. Gas Heat; Off street parking. All 3 units are occupied. Notice is needed to arrange a showing.
200 Main St, Leominster, MA, 01453
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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