Approved 19 Unit mixed use development in the heart of Whitman center! This Transit-oriented housing opportunity is approx. 1/2 mile from the train station/T station and sits one block from Whitman's historic town park, close to restaurants, shops, swimming pool, town square and more! Current rents in a similar project at 629 Washington are $2300 each for 1 bed, 1 bath units which are sold out! With the pent up demand this building would likely be sold out before the last nail is hammered! This would be a gem in any investors/developers portfolio! Building plan & site plan attached, This lot has been cleared and readied for your trophy project! Final building plans for permit may be adjusted to remove 2nd bath from each unit and tweaked to your taste, call listing agent for details today!
Lot Description:
Level, Corner Lot, Cleared
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
Facilitator Compensation:
1
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No
600 Washington Street, Whitman, MA, 02382
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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