Recently vacated and now vacant, mixed-use, brick building, featuring four residential units and one large commercial unit, situated on the South Boston and Dorchester line. The building requires rehabilitation, presenting an excellent opportunity for investors or developers with significant upside through renovation and reconfiguration. This property is ideal for investors seeking to unlock long-term value in a mixed-use setting and is well-suited for renovation, redevelopment, and long-term income generation. This property is located on the South Boston line and in close proximity to public transportation including the JFK/UMASS and the Andrew Square Redline, MBTA Stations and it provides easy highway access to Routes I-93 North and South, as well as the Massachusetts Turnpike. The building features fantastic, unobstructed city views from the roof. Site Plan, existing configuration and proposed renovation plans are attached.
840-842A Dorchester Ave, Boston, (Dorchester), MA, 02125
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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