Outstanding Multi Use Property, Landmark Building Located on Broadway Chelsea . Completely Restored and Architecturally Designed From it's Original Use From Top to Bottom, 1st Floor and Basement house the Commercial Unit Approximately 3000 sq ft plus Full Basement Use with Elevator Access .Triple Net Lease Approx $20,000 Monthly. Sixteen 1 bd Apartments on 2nd and 3rd floors With Too Many Top of the Line Ammenities to List. Rents Generate $59,514 Monthly at Full Capacity.. (3 Apts Vacant On the Market Now). Parking in Rear for Business, Tenants Have Elevator Use to Laundry and Exit ...All Apartments Support Themselves, Mitsubishi Splits in Each For Heat ,Air and Electric, Video Monitoring Throughout Building . Short Walk to Transportation to Boston and Surrounding Towns . Property is A Money Maker !!!$$
Basement:
Full, Finished, Interior Entry
Parking:
9-car, Paved Drive, Off Street, On Street
Lot Description:
Corner Lot
Amenities:
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School
267 Broadway, Chelsea, MA, 02150
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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