191 High St, Fitchburg, MA, Massachusetts, property flyer

191 High St, Fitchburg, MA, 01420 | $215,000

This building is a great value. Being sold in As is condition with the unit occupied. It has been rented for many years with long-term tenants. The unit has been converted for single family use and would require minor renovations to return it back for two family use. Rent is extremely low and current rental prices suggest an increase of at least 100% of the current rent when converted back for two family use. This is perfect for an investor or someone looking to live in one unit and collect rent from the other. Finally, buyer can leave it as is and continue using it as a single-family unit. Current town assessment exceeds $240, 000.

Features

Rooms: 8
Bedrooms: 2
Baths: 2 full
Units: 2
Year Built: 1900

Garage: 2-car
Basement: Full, Interior Entry, Dirt Floor, Unfinished
Approx Sq. Feet: 1,336
Acreage: 0.11
Est. Taxes: $3,584

Lot Desc: Easements
MLS#: 73278669
Website: https://www.raveis.com
/prop/73278669/191highst_fitchburg_ma?source=qrflyer

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Walter Perez courtesy of Realty Vision Phone: 978-368-8741

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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191 High St, Fitchburg, MA, 01420

$215,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

	5/6 (30 Yr) Adjustable Rate Conforming*	30 Year Fixed-Rate Conforming	15 Year Fixed-Rate Conforming
Loan Amount	$172,000	$172,000	$172,000
Term	360 months	360 months	180 months
Initial Interest Rate**	7.250%	6.990%	5.990%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	7.655%	7.146%	6.276%
Monthly Tax Payment	$299	$299	$299
H/O Insurance Payment	$75	$75	$75
Initial Principal & Interest Pmt	$1,173	$1,143	$1,451
Total Monthly Payment	$1,547	$1,517	$1,825

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.