To be delivered building permit ready to issue! Your opportunity to build a 7 unit building in the Harborview neighborhood of East Boston. Comprising over 15,000 sq/ft of land area, this sprawling new development has ample surface parking and is situated to maximize its views of the abutting Constitution Beach! The unit layouts offer 2 bedroom/2 bath (1006-1,137 sq/ft) and 3 bedroom/2 bath floorplans (1,413-1,500 sq/ft), each with at least one private deck and each with 2+ car surface parking. Not only that, but this is one of only a handful of neighborhoods in Boston that are less than 3 blocks from both the beach and the T. The project can be built for rental or for sale as condominiums, and there are no IDP (affordable housing) units required. The project is designed to be an economical build as the building has no basement, no elevator and no brick to eat up your construction budget! Permit anticipated for Summer 2024.
Lot Description:
Easements, Flood Plain
Amenities:
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Marina, Private School, Public School, T-Station
Facilitator Compensation:
2.25
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No
184 Cowper Street, Boston, (East Boston), MA, 02128
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
