DEVELOPMENT OPPORTUNITY OF THE YEAR IN CENTRAL JP. Attention builders, developers, and investors—rarely does a parcel of this magnitude become available in prime Jamaica Plain. Sited on a massive 13,263 SF lot with approx 109’ of street frontage, this property is an absolute dream. Located in a 2F-7,000 zoning subdistrict, the expansive footprint offers incredible potential for a high-end multi-unit project. Tap into Jamaica Plain’s premium condo values, proven right in the immediate micro-market: look no further than the successful 4-unit townhouse development directly across the street (207-209 Chestnut) and the new construction directly behind it (23 Chestnut Sq). A+ central locale, just a short walk to Stony Brook T, SW Corridor Park, and the Brewery Complex. Buyer to perform all due diligence regarding project feasibility; broker and seller make no representations. Do not walk the lot without an appointment. No open houses.
212 Chestnut Ave, Boston, (Jamaica Plain), MA, 02130
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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