2591-2601 Washington Street, Boston (Roxbury's Fort Hill), MA, 02119 | $4,200,000

6 CAP INVESTMENT! TWO BUILDINGS containing 6 townhouse residences and a total of 48 rooms, 30 bedrooms and over 11, 000 sq/ft of living area. Built in 2005 and 2006, the buildings occupy two large parcels totaling more than 17, 000 sq/ft, and rental income tops $307, 000 annually. Each townhouse has 5 bedrooms, 2 or 3 bathrooms, front porches and parking. The properties are well maintained with hardwood floors, tile baths, granite/stainless kitchens, gas heating and cooking and in-unit laundry. The properties are located on Fort Hill, a location that is popular with renters because it is close to public transportation as well as shopping, restaurants and universities. An excellent investment, priced to sell. Pro-forma available.

Features

  • Town: Boston
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rooms: 48
  • Bedrooms: 30
  • Baths: 10 full / 6 half
  • Units: 6
  • Laundry: Washer Hookup
  • Year Built: 2006
  • Approx Sq. Feet: 11,096
  • Acreage: 0.4
  • Est. Taxes: $26,168
  • Lot Desc: Other
  • Appliances: Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • MLS#: 73019893
  • Website: https://www.raveis.com
    /mls/73019893/25912601washingtonstreet_boston_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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NMLS Mortgage Loan Originator ID 1500191

617.281.4872

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2591-2601 Washington Street, Boston (Roxbury's Fort Hill), MA, 02119

$4,200,000

The Residential Group

REALTORS

William Raveis Real Estate

Phone: 617.426.8333

TheResidentialGroup@raveis.com

Kate Rockett

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,360,000 $3,360,000 $3,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.000% 5.625%
Interest Rate based on Index + Margin 4.250%
Annual Percentage Rate 6.017% 6.084% 5.804%
Monthly Tax Payment $2,181 $2,181 $2,181
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $18,815 $20,145 $27,677
Total Monthly Payment $21,121 $22,451 $29,983

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.