Excellent investment opportunity - A savvy buyer/investor will see what can be produced from this multi-family with commercial space and licensed rooming house. You will find a two-story hair salon/spa with workstations and free-standing sinks, a prep room, and waiting rooms. On the second floor of this unit, there is an ideal space for waxing, facials, and massage rooms. On the other side of the building, there is a first-floor, updated, and pristine one-bedroom apartment with a large, exclusive-use deck overlooking the water and access to the basement. The second story offers a large studio apartment that is also occupied. On the third floor, there are three separate rooms with/shared bath and kitchenette, also occupied. Although the property is not yet at full capacity, it continues to generate an income. There is significant untapped potential and upside for this building, which offers a fantastic walking location and is just one block from Moody Street, with private off-street par
55-57 Crescent St, Waltham, MA, 02453
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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