Opportunity for multi unit development. 4 unit mixed use brick brownstone with adjacent buildable lot. Property will be delivered with no tenants .Great Opportunity to own 4 story Brick brownstone on 1 way street in a quiet neighborhood close to Boston Medical Center. Property abuts A beautiful public park and is located between Massachusetts and and Melina Cass BLVD. Close to several major universities. Property is mixed use with commercial space on street level and three (3) bedroom apartments above. Property has adjacent buildable lot. Property is being offered on an "as is " basis .All due diligence is responsibility of the buyer. Property will be delivered vacant. Property is in an Opportunity zone and is prime for development. Seller will need time to find suitable housing.
610-612 Shawmut, Boston, (Roxbury), MA, 02118
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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