Attention Developers and Investors! Become an important part of East Boston's ever-changing history that will completely redefine the Orient Heights neighborhood for generations to come! 2 Ford St. Development Project is comprised of 2 lots including an existing auto body shop delivered with city approvals/plans for a 4 story building totaling 27 residential apartments (5 IDP/Affordable), 10 parking spaces and 1 ground level retail space. Located 0.2 miles from the Orient Heights MBTA Blue Line (4 stops to Downtown Boston) and 1 stop away from the massive Suffolk Downs Project (161 acres of mixed-use development), this transit-oriented project is a perfect opportunity for a buy and hold investment or future condo conversion! Buyer to perform due diligence and apply for building permits.
2 Ford St., Boston, MA, 02128
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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