Renovated 4-bedroom and 1-bedroom. Single family with legal ADU that can live as a 2-family. Perfect for owner occupant to live in the gorgeous, sun filled 4-bedroom and rent out the brand new 1-bedroom (market rent approx. $2500/mo) or for Investor to rent out both units (4-bedrm market rent approx. $4500/mo). New ADU laws do not require owner to occupy either the main house or the ADU. ADU has separate heat and electric utilities and a completely separate entrance. New roof, new Navien gas heating system and on demand hot water, new electric throughout, new kitchen, granite countertops, laundry in both units and wood burning fireplace. Huge 6k lot with tons of outdoor space. Excellent location in West Revere on lovely Proctor Ave close to public transportation, restaurants, and major highways to Boston and beyond. Open House Sun 5/17 12-2pm.
331 Proctor Ave, Revere, MA, 02151
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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