6.5+ CAP INVESTMENT OPPORTUNITY! BRAND NEW RETAIL STOREFRONT CONDOMINIUM in the historic Allston Hall building. Located at the corner of Braintree Street and Franklin Street in Allston, the property is at the gateway to Allston Village, a vibrant commercial district full of shops, restaurants and residential developments. THE PROPERTY IS JUST LEASED TO A SUCCESSFUL SNEAKER & SKATEBOARD RETAILER ON A LONG TERM LEASE WITH THE TENANT PAYING ALL NNN EXPENSES. The storefront condominium comprises the first floor and basement and benefits from two street exposures. The entry level has huge glass windows, tall ceilings and +/- 1,660 sq/ft of open showroom space. There is also a bathroom on this level. A wide stair leads to the basement level which has an additional +/- 1,475 sq/ft of open space. An excellent investment or 1031 exchange in a convenient location that is experiencing tremendous growth! Pro-Forma Available. Call for a private showing today.
8 Franklin Street, #C1, 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.
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
