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Unique and rare four family in desirable Beachmont neighborhood should appeal to investors and owner-occupants alike. The building was significantly renovated in 2016 with layout improvements, systems upgrades including central heating and cooling, updated finishes and more. Highlights include a stylish, townhouse-style one plus bedroom, 1. 5 bath apt with private deck, laundry in unit and an enclosed patio that is currently vacant. The single-level one bedroom unit has a modern layout and similar stylish finishes. Two "mirror" studios with fully-applianced kitchens and similar finishes. All units have their own private entrances! The driveway fits ~3 cars in tandem. Common laundry on site. The neighborhood is blocks to the beach and close to the MBTA Blue Line. There are multiple parks on the street and Revere Beach, Short Beach and the Belle Isle reservation are all nearby. Strong rental history with long-term tenants in place. Come see for yourself!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,249,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $999,200 | $999,200 | $999,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $839 | $839 | $839 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,595 | $6,071 | $8,364 |
| Total Monthly Payment | $6,559 | $7,035 | $9,328 |
* 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.