Exceptional development opportunity in one of Boston’s fastest-growing and transforming neighborhoods. This offering presents the potential for a mixed-use building (24 residential units with ground-floor commercial PREVIOUSLY approved), ideally located just steps from Andrew Square MBTA Station and less than one mile to Downtown Boston. The property is within close proximity to South Bay Center, featuring national retailers, dining, and entertainment including Target, Starbucks, and a movie theater. The surrounding area is undergoing significant transformation through the Dorchester Avenue Planning Initiative, positioning this location for long-term growth as a vibrant mixed-use corridor. Plans have been previously approved for a 24+ unit development. Conceptual renderings are for illustrative purposes only and do not represent the current structure. Buyers are responsible for conducting their own due diligence regarding permitting, approvals, and buildability. AKA 603 DORCHESTER AVE.
2-6 Boston St, Boston, MA, 02127
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
