Off Market Roxbury 14 Unit Development, ZBA Approved- 2 Combined Lots for a total of 4514sqft - Currently a 4bed existing Single Family rented for $3500/month - Plans are for 14 Units (All 1bed, 1bath)- 4 Affordable Units are in Plans (Max Rents $1484, $1484, $2533, $1484)- All Market 1bed Units should bring in about $2300/avg a month- Finished 14 Unit Building should cash flow about $30,000/month- Asking $900k for ZBA Approved Plans (Permits are not in place)
Amenities:
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, Public School, T-Station
29-31 Notre Dame, Boston, (Roxbury), MA, 02119
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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