What a fantastic opportunity to purchase a multi-family. Bring some elbow grease and make this home into a beautiful owner occupied home or lifetime investment. One vacant unit downstairs. This home has great bones, two 2 bedroom units, beautiful rounded porch, 1 car garage with loft, large yard, work area in basement and more. Close to shopping, restaurant's and schools. OPEN HOUSE Saturday November 30th 11:00am - 1:00pm. May not pass all types of financing.
Basement:
Partial, Partially Finished, Walk-Out Access, Interior Entry, Concrete, Unfinished
Parking:
4-car, Paved Drive, Off Street
Lot Description:
Cleared, Level
Amenities:
Public Transportation, Shopping, House of Worship, Public School
Compensation Based On:
Compensation Offered but Not in MLS
103 Mechanic St, Spencer, MA, 01562
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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