MORTGAGEE'S FORECLOSURE AUCTION
Development Opportunity
.38+/- Acre in 2 Parcels - Approved for 14 Condo Units
Church Building f/k/a "Lady of Mount Carmel Catholic Church" & Adjacent Parcel
Proposed project will be 14 condo units in the church building. The abutting rectory building will be converted into a landscaped lot with 13 off-street vehicle parking spaces. 4 of the 14 units will be considered inclusionary/affordable. 2 units will be limited to not more than 80% AMI and 2 will be limited to not more than 100% AMI.
To be Offered Individually & in the Entirety w/ 35-37 Frankfort Dr., E. Boston, MA
Visit Boston Planning website for more information
MORE INFORMATION COMING SOON
5% certified deposit of which $50,000 (Individually – OR $150,000 in Entirety with Frankfort St.) by certified or bank check due at the auction and remainder of 5% due within 5 business days. 45 days to close. Other terms, if any, to be announced at the sale. Announcements or changes made from the auction block or within the purchase agreement take precedence over any previously printed materials or oral statements made.