Looking for your next project? This oceanfront 1-room studio condominium in Lynn’s historic Breakers Building offers a rare opportunity to create your ideal coastal retreat. The unit already has new framing, electrical, and plumbing completed — leaving the finishing touches up to your vision. An open canvas ready to be transformed. The home also features a beautiful exposed brick wall, adding character and charm to the space.Property will require a cash purchase or hard money financing. Buyer to perform their own due diligence.
Amenities:
Public Transportation, Park, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School
285 Lynn Sure Drive, #305, Lynn, MA, 01902
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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