Boston Realty Advisors is pleased to present 25 Hamilton Avenue, an eighteen-unit multifamily property located in Lynn, Massachusetts. The three-story building is comprised entirely of one-bedroom apartments and contains 11,169 square feet of gross living area within a total building area of 15,468 square feet. The property sits on a 0.29-acre lot and includes sixteen (16) on-site parking spaces, providing a meaningful competitive advantage in this urban submarket. The property is equipped with energy-efficient building systems, including a solar array that fully offsets the building’s electrical consumption. Seventeen of the eighteen units are currently occupied on annual leases.
25 Hamilton Avenue, Lynn, MA, 01902
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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