77 Green St Multifamily Building

Three story brick building comprised of 22-one bedroom and 5-studio apartments. The building had vinyl windows installed in 2004 and recent energy efficiency upgrades. Buyer MUST assume current financing with first mortgage balance of $2,400,000 at 4.5% fixed until April, 2023. Financing outlined includes a possible coterminous 2nd mortgage from the same lender at approx. 5.6% with a combined LTV up to 80%. Buyer is responsible for all costs associated with assuming the loan including an assumption fee equal to 1% of the unpaid balance. This sale is part of a package with all closings having to take place on or about the same date. NOTE: FINANCIALS AND RENT ROLL IN ATTACHMENTS ABOVE Lynn, MA The bed-bath mix, unit counts and sizes have been estimated.