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Property Description
Rare South End opportunity at a price that almost never includes private outdoor space. 760 sq ft second floor one bedroom, one flight up, in a classic brownstone on Massachusetts Avenue. At roughly $724 / sq ft in a neighborhood where the median runs near $1, 090, the value here is real.Living room with original marble ornamental fireplace, tall windows with deep sills and a generous closet. Private covered deck off the back overlooking trees and rooftops - a genuine rarity at this price in 02118. Kitchen with stainless appliances, tile floor and peninsula seating, open to the living space. Full bath. In-unit washer / dryer.A second room off the living area can be used as a home office, guest room, nursery or den.Unit is dated and priced accordingly. Livable as is - renovate on your own schedule rather than all at once.Small 7-unit association, regularly maintained by the trustee. Rentals permitted with a 12-month minimum lease; no short-term rentals. Resident permit parking available through the City of Boston.Located on Massachusetts Avenue in the heart of the South End. Steps to the Mass Ave Orange Line station and multiple bus lines. Walking distance to Boston Medical Center, BU Medical and Dental campus, SoWa Open Market, Blackstone and Franklin Squares, and the restaurants, galleries and cafes of Tremont and Washington Streets. Convenient to Tufts Medical, Longwood Medical Area, Northeastern, Back Bay Station and the Financial District.An uncommon entry point into one of Boston's most established neighborhoods - well suited to a first-time buyer trading a rent payment for equity, or to an investor looking for a value-add hold in a market where one-bedrooms rent strongly.
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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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