We are pleased to present the opportunity to acquire a trophy mixed-use asset located on the main thoroughfare of Beacon Hill. The property consists of eight residential units and one commercial space that offers investors a value-add opportunity through in-unit renovations and base building improvements. 120 Charles is superbly located less than a 5-minute walk to Massachusetts General Hospital, a 3-minute walk to the Charles/MGH Red Line MBTA station, and a short walk over the Longfellow Bridge to Kendall Square; the life sciences capital of the world. The residential units are all studios, one unit has access to a large outdoor patio space in the rear. The property is located on the "sunny" side of the street offering residents ample light and living spaces.
120 Charles Street, Boston, (Beacon Hill), MA, 02114
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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