Exceptional Mixed-Use Opportunity – 385 Pleasant St, Worcester!Located in the desirable Elm Park area, this well-maintained property, with two separate dwellings, features 2 residential units and 1 street-level commercial space totaling approx. 3,200 sq ft in BL-1 zoning. One unit is tenant-occupied at below-market rent, offering immediate upside potential. The second residential unit is newly renovated and move-in ready—perfect for an owner-occupant. The commercial space offers excellent visibility for a variety of business uses. Potential to add parking in the rear adds even more value. A great fit for investors or business owners looking to build equity while generating income in a prime Worcester location.
385 Pleasant St, Worcester, (Downtown), MA, 01609
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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