Welcome to this Great Development Investment Opportunity located in the bustling heart of the Orient Height section of East Boston! Situated in the vibrant and rapidly growing area a block away from Orient Heights Train Station, this property offers a fantastic conversion opportunity for investors and builders looking to establish or expand their business/residential mixed use development presence. Please note that the zoning classification for this property is Neighborhood Shopping (NS) zone. It is crucial for potential buyers to conduct thorough due diligence regarding zoning regulations and permissible uses. Buyers are responsible for verifying zoning suitability for their intended business activities. The property is currently an owner-occupied 2-level business and being sold “As Is” Condition with no warranties, guarantees or representation either expressed or implied by Broker or seller. The seller is also including the sale of the beauty salon business in its entirety along with
Utilities
Public Water, Public Sewer, 110 Volts, 220 Volts, See Remarks
Buyer Agent Compensation:
2%%
Facilitator Compensation:
1
978-980 Bennington St., 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB