ZONED BU2-Opportunity awaits on this multi use property in the heart of Nonantum Village, currently being operated as a traditional two-family home. The property consists of a front apartment:offering two levels of living space with a main floor living room with exposed brick, eat-in kitchen, bathroom, & a large loft style bedroom on second floor. The rear apartment also offers multiple levels of living areas: main floor bathroom, kitchen & living room, each generous in size. Two large bedrooms with ample closet(s), & third floor bonus space. OR convert the building back to a retail storefront, since it is zoned BU2 & had been used for retail/commercial use in the past! Separately metered utilities: front unit is solely operated by electricity. Back unit is operated by oil/gas. Surrounded by a mix of residential & commercial properties (providing endless opportunities). In close proximity to public transportation, highway access, shopping, municipal parking lots, schools & more
201 Adams Street, Newton, (Nonantum), MA, 02458
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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