Welcome to 5 Falcon St! Huge two family home with a spacious first floor 2 bed/1 bath unit, and a massive duplex 2nd/3rd floor 5 bed/2 bath with an office and private deck. Unit 1 is vacant, and Unit 2 is TAW and paying well under market rent at $2,950/month. Tons of potential for renovation and/or redevelopment, check out this property's zoning for a potential increase in unit count! Freestanding laundry room on first floor sets up perfectly for coin-op laundry to increase income, or use basement laundry hookup to allow each unit to have private laundry. Spacious backyard with direct entry into unit 1. See floor plan and matterport tour in attachments. One block from Meridian St @ Falcon St bus stop. ALL OFFERS DUE 11/12/24 at 5pm.
5 Falcon St, Boston, (East Boston's Orient Heights), 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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