** Rare Offering ** Exceptional Development Opportunity featuring 3 contiguous parcels along high-visibility Mystic Ave., totaling approximately 40,000 sq. feet, with potential for development up to 6 stories. Considered the “Gateway to Medford,” Mystic Ave & this site offer unmatched exposure & connectivity to I-93, Route 16, Route One & is just approximately 6 miles from Boston. Surrounded by ongoing redevelopment & minutes from Medford Square, Wellington Circle, Assembly Row, Somerville Border, & public transit (buses & MBTA T-Station). This site is prime for mixed-use, residential or commercial expansion. A rare offering in a rapidly evolving corridor – ideal for developers looking to capitalize on Medford continued growth & transformation. Buyer to perform due diligence.
67-73-81 Mystic Ave, Medford, MA, 02155
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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