**Very unique investor opportunity to acquire 2 units**Formerly a single condo, this property was converted into two separate units and offers an exceptional value-add opportunity for experienced investors or developers. Unit 2 features a spacious 3-bedroom, 2-bath layout currently rented for $3,600/mon, while Unit 3 offers a 2-bedroom, 1-bath layout rented for $2,700/mon, producing $6,300/month in gross rental income. Units have been extensively renovated and feature modern finishes, central air conditioning, and have month-to-month tenants. The condominium conversion is substantially complete; however, the permitting process has not been finalized. Open permits remain, and a Certificate of Occupancy will not be delivered at closing. This property is being sold as-is and is best suited for investors experienced with permitting/condo conversions. Subject to bankruptcy court approval; please see all disclosures and contact the listing agent directly.
19 Harrison St, Boston, MA, 02446
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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