Dream investment/development opportunity - Prime 13,000+ lot with two-family home and APPROVALS IN HAND to move the house forward and add building behind for a total of 16 gorgeous residential units with garage parking below. One of the best lots/locations in Greater Boston with the MBTA Green Line your front door and the beautiful Chestnut Hill Reservoir right in back - potential for exceptional views from back units. Buyer to do due diligence to review approvals. A once in a generation opportunity to build a luxury rental or condo development. Please reach out for a website with details and copies of the approvals.
Parking:
4-car, Paved Drive, Off Street
Amenities:
Public Transportation, Shopping, Pool, Walk/Jog Trails, Medical Facility, T-Station, University
Facilitator Compensation:
1.5
Sub-Agency Relationship Offered:
No
1954 Commonwealth Ave, Boston, (Brighton's Cleveland Circle), MA, 02135
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
