We are pleased to present this multifamily opportunity for sale in Mattapan, MA. The building is made up of six 2-bedroom / 1-bathroom units that are positioned for rent growth through in-unit upgrades and releasing. Each with impressive layouts, the units offer comfortable living and design that maximizes space. The building benefits from its position within Mattapan, a neighborhood that continues to elevate its profile as one of Boston’s most dynamic and in-demand residential communities for families and working professionals. The property is well positioned to benefit from its proximity to the Mattapan Line, multiple bus routes, and key corridors such as Blue Hill Avenue, offering convenient access to downtown Boston and surrounding submarkets. Residents enjoy a highly walkable environment near local dining, retail, and community amenities.
640 River Street, Boston, (Mattapan), MA, 02126
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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