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Property Description
* * RARE NORTH END 8 UNIT INVESTMENT OPPORTUNITY * * The property consists of seven (7) two-bedroom apartments and one (1) studio unit, offering an efficient unit mix that caters to the neighborhood’s deep and consistent renter demand. The residences feature modern finishes and highly desirable amenities, including exposed brick, hardwood flooring, abundant natural light, and updated kitchens with granite countertops and newer appliances. Professionally managed and meticulously maintained, the asset offers investors a low friction ownership opportunity with no deferred maintenance requirements. This offering represents a rare opportunity to acquire a stabilized, turnkey multifamily property in a premier urban location. Strong occupancy fundamentals, durable rental demand, and the potential for continued income growth, the property offers investors both dependable in-place cash flow and long-term value appreciation. Walking distance to the Financial District and multiple MBTA transit lines.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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