Welcome to an outstanding investment opportunity in Boston's Leather District, just steps from South Station and the highly anticipated Ritz-Carlton South Station Tower. With over 5000 square feet and a private entrance, this property offers immense potential for savvy investors & buyers alike. Residential conversion possible, association has already voiced their approval of a conversion. Featuring 14-foot ceilings throughout upstairs and an open-concept layout, this property is ripe for value enhancement & customization. Whether you're interested in excellent office space, residential units, or retail, the flexible layout allows for diverse income and buildout opportunities. Benefiting from its prime location and proximity to transportation and amenities, this property promises steady rental income, convenient living, and strong appreciation. Don't miss out on this opportunity to capitalize on Boston's growth and maximize your next investment. Vacant and ready for new ownership!
140 Beach St, #140, Boston, (Leather District), MA, 02111
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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