200 Market Street, #3011, Lowell, MA, 01852 | $209,000

Welcome to Canal Place 3! Located in the heart of historic downtown Lowell, this completely renovated unit has it all - deeded parking at garage, brand new in-unit laundry, central air & heat, and affordability with a low HOA fee, covering your heat, hot water, water, snow removal and much more. There are brand new vinyl "hardwood" floors, brand new kitchen w/ upgraded cabinets, granite countertops, new stainless-steel appliances and new in-unit laundry. This property is ideal for anyone who wants to live close to a bustling downtown, a student at nearby universities, a commuter (close to highways), or an investor looking for steady cash flow. Near bars, restaurants, art museums, theaters, UMass Lowell, Lowell Memorial Auditorium, commuter rail, and just minutes to Routes 3 and 495! Affordable and convenient downtown living!

Features

  • Parking: Detached, Off Street
  • Heating: Forced Air
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: First Floor, In Unit
  • Complex: Canal Place Iii
  • Year Built: 1908
  • Common Charge: $447 Monthly
  • Approx Sq. Feet: 503
  • Est. Taxes: $2,033
  • Pet Policy: Yes w/ Restrictions
  • Appliances: Range, Dishwasher, Refrigerator
  • MLS#: 73234540
  • Website: https://www.raveis.com
    /raveis/73234540/200marketstreet_lowell_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.

Room Information

Type DescriptionDimensionsLevel
Kitchen Flooring - Laminate, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Remodeled, Stainless Steel Appliances9 x 9First
Living Room Flooring - Laminate, Window(s) - Picture10 x 18First
Master Bedroom Flooring - Laminate, Window(s) - Picture, Remodeled12 x 10First

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Denise TestoriPersonal Assistant

203.605.8221

Denise.Testori@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Diane PadelliInsurance Sales Director, William Raveis Insurance

203.444.0494

Diane.Padelli@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

200 Market Street, #3011, Lowell, MA, 01852

$209,000

Denise Testori

Personal Assistant

William Raveis Real Estate

Phone: 203.605.8221

Denise.Testori@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $167,200 $167,200 $167,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 8.011% 7.171% 6.538%
Monthly Tax Payment $169 $169 $169
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,155 $1,111 $1,434
Total Monthly Payment $1,399 $1,355 $1,678

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.