Citylife Real Estate is pleased to offer this exceptional opportunity to acquire a fully approved 33 unit luxury condo development site located at 231-245 Grove St. West Roxbury. The project is fully approved by Boston BPDA for 5 story mixed use building with 30 residential condos and 3 street level retail spaces with 30 garage parking spaces. Current approvals are for 16 two bedrooms & 14 one bedrooms with 5 affordable units, Total RSF is 32,856 SF. Project is Shovel ready with Approvals and Plans in hand and permit ready. The combined sites are 13,486 SF with existing vacant 1 story buildings. The West Roxbury condo market has strong demand and limited supply. The area is an ideal commuter location with easy access to Commuter Rail, Rt. 128 & 95, Legacy Place and Longwood Medical area. The building was designed by a noted architect and features, Fitness Room, Owners Lounge, Dog Walking Path, bike storage, large Common Deck & Garage Parking..
231-245 Grove St, Boston, (West Roxbury), MA, 02132
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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