Amazing opportunity to buy/hold a large, commercial/mixed-use building in your portfolio! This 3-story building is comprised of 14,000 sqft of rentable space, including two retail storefronts on 59-63 Meridian St. and three office spaces with additional entrances on 82 Paris St. The two retail store fronts are rented long-term while the other office spaces have an elevator service and are currently vacant and ready for your design and vision! Developers/Builders, take advantage of new zoning designation, MU-5, and transform these into residential apartments/condos! This building is ideally located near the Maverick Square neighborhood in East Boston, 0.3 miles from MBTA Maverick T station, next to bustling waterfront with direct access to Downtown Boston via train or ferry!
59-63 Meridian, Boston, MA, 02128
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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