We are pleased to present a rare opportunity to purchase a mixed-use brownstone located along Boston’s iconic Commonwealth Avenue in Kenmore Square. 470 Commonwealth consists of six residential units complemented by street-level retail and first-floor commercial space, offering investors a diversified income stream in one of the city’s most sought after corridors. The residential units feature classic, 1930s-era architectural details, and the commercial component benefits from strong visibility and foot traffic. The property is further enhanced by four private off-street parking spaces, a highly coveted amenity in this location. Colloquially referred to as 470 Comm Ave, it presents investors with long-term appreciation potential in a premier submarket. Tours will begin in the coming weeks.
470 Commonwealth Ave, Boston, MA, 02215
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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