It's the project you've been waiting for! Unique 4 unit building on a huge corner lot close to Webster Square amenities. Two buildings with two separate foundations--see floor plans. Units 1 and 2 both vacant and ready for immediate refresh. Units 3 and 4 occupied TAW. Unit 1 has 2 bedrooms, living room, kitchen. Unit 2, 3, 4 each have 1 bedroom plus living room and kitchen. Laundry hookups in 3 of 4 units. 2 curb cuts with plenty of parking. Upgraded electric panels, individually metered. Unit 1 and 2 currently share a gas water heater. Price reflects work needed. Fantastic opportunity to restore and capitalize on Worcester's booming rental market!
Laundry Remarks:
Washer & Dryer Hookup
Heating:
Electric, Individual
Basement:
Full, Walk-Out Access
Parking:
8-car, Off Street
Lot Description:
Corner Lot
Amenities:
Public Transportation, Sidewalks
Appliances:
Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Washer/Dryer
89 Mill St, Worcester, MA, 01603
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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