Strategic acquisition opportunity for the Horace and Ward Portfolio, a 9 units & 3 parcel collection located next to Boynton Yards. The property is ideally situated for wide array of urban redevelopment opportunities as it abuts a cluster of life sciences focused lab space and office spaces, and well-connected to transportation networks and local retail and recreation zones in Union Square, Twin City Plaza, and Cambridge Crossing, and is well positioned for both commercial and residential or mixed use purposes. Three Parcels consists of 22 Horace (2 Fam), 24 Horace (3 Fam)and 28 Ward (3 Fam +) being offer "as-is" for the entire portfolio. Individual parcels are not separately priced, but individual sales will be considered, contingent upon the sale of the remainder parcels, as sellers’ preference is to exit the entire portfolio at similar time. Currently used as multi-family rental properties. Seller will consider creative offers!
22 Horace St, Somerville, MA, 02143
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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