Exceptional opportunity for both owner-occupants and investors. This well-maintained 2-family property is located minutes from the Red Line, Braintree Center, Braintree High School, and walking distance to Sunset Lake, local parks, shopping, dining, and major commuter routes. The first-floor unit features 2 bedrooms, 1 full bath, a dining room, a kitchen, and a living room. The second-floor unit offers 1 bedroom, 1 full bath, a dining room, a living room, and a kitchen. The property will be delivered vacant, providing flexibility to owner-occupy or secure market-rate tenants. Capital improvements include new heating and central air systems for both units (2020), new precast rear stairs (2023), and new hot water heaters for both units (2026). Separate gas and electric meters provide convenience for tenants and owners alike. Laundry hookups are available in the rear common area as well as within each unit. Turnkey multifamily property ready for its next owner.
55 Franklin Street, Braintree, MA, 02184
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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