Prime mixed-use opportunity just one block from Revere Beach! The first floor features a vacant commercial storefront with excellent visibility, offering flexibility for an owner-user or investor to establish a business or secure a new tenant. The second floor includes a spacious 2-bedroom, 1-bath residential apartment, creating additional income potential. Ideally located near Kelly's Roast Beef, restaurants, shopping, public transportation, and major commuter routes. A fantastic opportunity to own a mixed-use property in a high-visibility coastal location. Due to the commercial space exceeding the residential square footage, financing will require a commercial loan or cash purchase. Buyer to perform their own due diligence regarding current and future use.
835 North Shore Road, 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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