Rare opportunity to acquire 2–8 Bowdoin Street, Dorchester, a ZBA-approved 22-unit mixed-use development site in the rapidly growing Four Corners/Fairmount corridor. Approved for approximately 33,452 SF, the project plans call for 22 residential rental units, including 4 affordable units, along with approximately 2,400 SF of ground-floor retail/restaurant space. This transit-oriented development offers a strong opportunity for an investor or development partner to capitalize on a well-located site with significant entitlement progress already achieved. Situated on a prominent corner in a designated growth area, the project features zero-parking approval and benefits from strong visibility, neighborhood momentum, and municipal support. A compelling development opportunity in one of Dorchester’s evolving mixed-use corridors.
2-8 Bowdoin Street, Boston, MA, 02121
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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