20 Fairmount St, Boston (Dorchester), MA, Massachusetts, property flyer

20 Fairmount St, Boston (Dorchester), MA, 02124 | $2,000,000

20 Fairmount Street is a well maintained six unit apartment building is a great Dorchester location. The property has six 2BR, 1 BA units. All units are separately metered with the tenants responsible for their own utilities (electricity and gas for heat, hot water and stove), while the Landlord is responsible for common area electric, plus water and sewer. Lead paint letters of compliance for all units. In-place rents are strong and the opportunity exists to acquire a solid six unit building with strong rental histories in a prime Dorchester location. The Property benefits from it's location very close to Washington Street, Gallivan Boulevard, and only a half mile walk to the Ashmont T Station. Call, email or text Team Member for inquiries about the property.

Features

Town: Boston
Rooms: 24
Bedrooms: 12
Baths: 6 full
Units: 6

Year Built: 1899
Basement: Walk-Out Access
Approx Sq. Feet: 5,442
Acreage: 0.1
Est. Taxes: $10,107

Lot Desc: Wooded
Appliances: Range, Refrigerator
MLS#: 73471961
Website: https://www.raveis.com
/prop/73471961/20fairmountst_boston_ma?source=qrflyer

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Jonathan Batchelder courtesy of Wallace Property Company Phone: 617-423-2003

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Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
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20 Fairmount St, Boston (Dorchester), MA, 02124

$2,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

	5/6 (30 Yr) Adjustable Rate Jumbo*	30 Year Fixed-Rate Jumbo	15 Year Fixed-Rate Jumbo
Loan Amount	$1,600,000	$1,600,000	$1,600,000
Term	360 months	360 months	180 months
Initial Interest Rate**	5.250%	5.875%	5.625%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.069%	6.031%	5.885%
Monthly Tax Payment	$842	$842	$842
H/O Insurance Payment	$125	$125	$125
Initial Principal & Interest Pmt	$8,835	$9,465	$13,180
Total Monthly Payment	$9,802	$10,432	$14,147

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.