161 Allston Street is a 7 unit apartment building located in the Allston submarket of Boston, Massachusetts. This rare opportunity offers investors the chance to own a turnkey building in one of the most sought after sections of Boston. The property is sandwiched in between Boston College, Boston University, Saint Elizabeth's Medical Center, New Balance Headquarters as well as the ever-expanding Boston Landing mixed-use project. The subject property sits just 200 feet from the Allston Street Station on the Green Line. This transit-oriented location allows tenants easy access to all of Boston. The property was completely gut-renovated in 2023. All plumbing and electrical was updated, full sprinkler system was put in, new energy efficient windows were installed, and kitchens and bathrooms were updated. The property also features separate gas heating and water meter systems in which the tenants are responsible for heat and hot water costs.
161 Allston, Boston, (Allston), MA, 02134
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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