Classic Jeffries Point 6 unit. Walk up roof with spectacular city views. This is the only brick 6 unit current available in East Boston. Two units on each floor. Back units have two bedrooms; front units have one bedroom. Very good condition. Three parking spaces currently in rear; adjacent owners agree to place no fence on property line to allow access. Please contact list agent for additional details. Buyers and their agents to do all due diligence. Walk to Maverick Square and Airport T Stations, East Boston Greenway, Piers Park and Bremen Street Park. Lots of newer and proposed developments all around: Porter 156 Lofts, Mt. Carmel Properties, new Frankfort Street hotel, etc. Prime location and beautiful building. Heat is electric baseboard. Back units could easily be converted to 3 bedroom units. Rent for unit 6 is $2, 000. All rents below current market value. Property has been maintained by same owners for about 40 years. Most improvements done in 1980s and 1990s.
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,240,000 | $2,240,000 | $2,240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $652 | $652 | $652 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,543 | $13,610 | $18,452 |
Total Monthly Payment | $13,320 | $14,387 | $19,229 |
* 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.