Multi-Unit Investment Opportunity in Prime Location! A rare opportunity to own a large six-unit building with a six-vehicle parking lot and a spacious garage rented separately. This property features a diverse mix of units: (1) studio, (1) one bedroom, (3) two bedroom, and (1) three bedroom. Each unit is separately metered, with tenants responsible for their own utilities. Conveniently situated near UMass Memorial Medical Center and Lincoln Shopping Plaza, with easy access to I-290 and public transportation.Great opportunity to increase rental income by adjusting rents to market value. Don’t miss this incredible investment opportunity! SOLS AS-IS. Seller is not making any repairs
Heating:
Electric, Natural Gas
Parking:
6-car, Paved Drive, Off Street
Amenities:
Public Transportation, Park, Medical Facility, Highway Access, House of Worship, Public School
Appliances:
Range, Refrigerator
213 Lincoln St, 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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