Great investment opportunities! Revenue enhancements through possible rent increases, laundry installation, possible parking fees and possible building expansion on the huge lot. 8- 2 Bedroom units in a low maintenance building The building is concrete block construction on a concrete foundation with concrete floors/ceilings - very low maintenance. Electric heat so there are no heating systems to maintain. Again, very low operating costs! See attached rent roll. .Proof of Funds or letter of bank credit needed prior to viewing the property.
Laundry Remarks:
Electric Dryer Hookup, Washer Hookup
Parking:
10-car, Off Street
Utilities
for Electric Dryer, Washer Hookup
Lot Description:
Corner Lot, Level
Amenities:
Public Transportation, Shopping, Park, Highway Access, Public School, T-Station
Middle School:
Latin By Exam
High School:
Latin By Exam
Compensation Based On:
Net Sale Price
116 Wales St, Boston, (Dorchester), MA, 02124
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
