Open House Schedule
Open tours on Wednesday 9/18 from 4:30-5:30pm.
Prior to touring please review and understand affordable agreement that runs with the property until 2039. The affordable agreement will impose restrictions on use of property and contains contingencies that will affect the sale.
The document is attached to list listing for further independent review.
363 Broadway is a two-unit value-add multifamily property located in Malden, MA. 363 Broadway offers investors the opportunity to benefit from rental demand in this growing submarket, located just five miles north of Boston. This multifamily property consists of two units across +/-5,000 SF. Each unit consists of a two bedroom, one bathroom layout, with common washers and dryers located in the basement. Unit 1 is currently occupied and unit 2 remains vacant.
Parking:
Paved Drive, On Street
Utilities
for Gas Range, for Gas Oven
Amenities:
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Private School, Public School, T-Station, University
Compensation Based On:
Gross/Full Sale Price
Sub-Agency Relationship Offered:
No
363 Broadway, Malden, MA, 02148
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
