Don't let the outside of this property fool you, there are five units. This property is well run and profitable. This historical section of Northborough is found on an appealing tree-banked street with sidewalks for dog walkers, joggers, & people walking to coffee shops, restaurants, banks, & doing light shopping. All tenants are Tenants at Will (TAW). All rental units include heat & hot water. Most are long term tenants. Off street parking for 7+ cars. Apartments are clean, in good condition, & well maintained Private septic system compliance cert 12/2021. New Roof installed 12/2022. Newly hardwired fire alarm system installed 2023 City water. Tenants pay for their own trash & recycling. There is a coin operated washer/dryer. Available are improvements, expense, & income reports
50 Pleasant, #5, Northborough, MA, 01532
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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