**Value Add Retail or Redevelopment Opportunity**This opportunity features an existing retail building on a 12,340 SF lot at 282-294 Hyde Park Avenue, located in the thriving Jamaica Plain neighborhood of Boston. Property has operated as a retail car parts dealership for decades and will be delivered vacant upon closing. Just 0.6 miles from Forest Hills MBTA Station, this site offers investors a unique chance to capitalize on the area's rapid growth and redevelopment potential. Positioned in one of Boston's most dynamic submarkets, this property offers unparalleled potential for a variety of future uses, making it an exceptional value add opportunity.
294 Hyde Park, Boston, (Jamaica Plain's Forest Hills), MA, 02130
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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