MORTGAGEE'S FORECLOSURE AUCTION
Development Opportunity
.74+/- Acre in 2 Parcels - Approved for 94 Apartment Units
Church Covent Building & Adjacent Vacant Lot
Proposed project will be 5 stories in height and include a total of 94 for rental and 56 off-street vehicle parking spaces. 14 of the units will be considered inclusionary/affordable. 12 will be limited to not more than 70% AMI, 1 limited to not more than 60% AMI and 1 limited to not more than 100% AMI.
To be Offered Individually & in the Entirety w/ 120, 128 & 134 Gove St., E. Boston, MA
5% certified deposit of which $100,000 (Individually – OR $150,000 in Entirety with Gove 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.