Location,Traffic Count, Visibility and Potential! 12K income cell! Detached 3 unit Multi-Family is situated on a corner lot. Located conveniently between Central Square and Maverick Square makes commuting/shopping/dining easy. A few blocks to Logan Airport! The property consists of a 2/1, 3/1 3/1. There is a full walk out basement with three storage rooms, 3 sets of full size Washer & Dryers. There is a deck for a second egress for 1st unit. There is a patio out back. The interior of the whole property was renovated in 2016 and there have been updates since then. The units are all electric heat. See floorpans. The property has potential for a condo development/mixed use development. BRRR, airbnb or add a 4th unit W city approval. Zoned RC! Basement can be finished into 4th unit! Will be delivered vacant.Rents with minor cosmetic work will be $2,400, $3,000 and $3,000. Expand, renovate, knock down, airbnb, open a barber shop, convenient store.
132 Chelsea St, Boston, (East Boston), MA, 02128
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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