SoldWinning Offer made

28 Falcon St, East Boston, MA 02128

Beds
7
Baths
2
Sqft
2,596
Listed byCompass
  • 687
  • 9

Overview

Desirable Eagle Hill Development Opportunity- Existing 2 family with construction permit in hand for three (3) legal residential condos/units. The seller has saved you time by doing all the work to make this property shovel ready today! Proposed 3 family is approximately 3,000 SF. Each unit in the proposed plans are spacious 2 bed, 2 bath units. Tremendous upside for investor or developer to rehab. The existing 2 family is a vacant, 3-level, detached property. First floor unit has 3 bedrooms, separate living room, eat-in kitchen and bathroom. Second unit is a duplex with two bedrooms, spacious living room, separate kitchen, bathroom on main level and two additional bedrooms on top level. Investors can do minor repairs and keep the existing layout for a buy and hold. Location is less than a mile walk to Airport T Blue Line station and close to Chelsea Waterfront and Boston Harbor. Easy access to major highways, Eastie waterfront, downtown and Logan Airport. Will not qualify for FHA financing! Full architectural drawings available upon request.

Location

Seller’s Terms

Terms
Options
Value
  • Winning Offer Deposit

    • $1,000 is due from the buyer within 24 hours of their offer becoming the Winning Offer.

  • Purchase & Sale Date

    • 7 - 10 days after the Winning Offer date.

  • Purchase & Sale Deposit

    • 5% of the purchase price (less the amount of the Winning Offer Deposit) is due from the buyer.

  • Closing Date

    • 15 - 30 days after the Winning Offer date.

  • Financing Contingency

    • Not Accepted

  • Home Inspection Contingency

    • Not Accepted

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
7
Number of bathrooms
2
Square feet
2,596
Lot size (acres)
0.05
Year built
1900

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Gas
Cooling
None
Sewer
City/Town sewer
Water
City/Town water

Taxes

Tax Annual Amount
$6,237

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Listed directly on Final Offer.