Two family homes with no money down

If you have ever dreamed of owning your own home, there are few better ways to do so than by purchasing a two-family home, as it allows you to enjoy the benefits of ownership while simultaneously earning income. There are five steps in this process and Melcher Real Estate Group can help you with all of them.

Here is an overview of the process;

  1.  Contact a Melcher Real Estate Group(MREG) Agent.
  2.  Attend a meeting with our lender to become pre-approved for the program with a price range.
  3.  Work with your MREG agent to locate a home that fits you and the program.
  4.  Make an offer with your MREG agent.
  5.  Get the financing and close the deal!

Typically, we find the biggest hurdle stopping people from taking the leap from renting to homeownership is the down payment that banks and mortgage companies need to lend buyers the money to make their dreams come true.  After careful research we have found a program in which you will not need any money for a down payment nor have a perfect credit score!

There are two options available, here are the basics:

FORGIVABLE DOWN PAYMENT – a down payment assistance loan that is forgivable after 3 years of on-time payments.

Or

REPAYABLE DOWN PAYMENT – a loan repaid at 0% interest over a 10-year period or at a competitive market rate over a 30-year period
 

There are no first time home buyers restrictions nor geographic location restrictions. A credit score of 620 is needed and you are off and running to buying your new home!  Call us to set up your meeting today. It is free and there is no obligation.

18 Coleus Park Boston MA 02121

Price$629,999

Est. Mortgage: $/month

Open House

MLS Number 72503691

  • Multi-Family 2 Family
  • Next Open House: Thu 20th 1:00 pm - 2:30 pm
  • Year Built 1905
  • Bedrooms 5

Cheapest 2 family on the market!!! Buy now equity is there. This is just a hop and skip from everything south bay, downtown,bus stops, restaurants and more. Roof is under 5 years old. All mechanics are in shape. Group showing Thursday 20th of June: 1pm- 2:30 Friday 21st of June 1pm-2:30

Listed by Duane Miller, Boston Trust Realty Group

$
$
%
$/month over payments
Federal 30-year interest rate: 3.82% last updated on Jun 13, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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42-44 Baker Street Boston MA 02132
Open House

MLS Number 72522037

  • Multi-Family 2 Family - 2 Units Up/Down
  • Next Open House: Sun 23rd 12:00 pm - 3:00 pm
  • Year Built 1936
  • Bedrooms 5

Mulit-families are hard to come by so here is your opportunity! The first level unit has a modern kitchen, stainless steel appliances, beautiful wood cabinets and original hardwood floors. There is an unfinished bedroom on the first floor that is ready for you to design.Both units have natural woodwork in both living room and dining room Second floor has 3 bedrooms, smaller bedroom could be used as office. The back porch on both levels is a 3 season porch, experience the outdoors while your indoors! There is a cute back yard for gardening and a custom made two car garage. There is a tenant on the second floor but will be delivered vacant at closing. All offers due by Tuesday June 23rd, 6 pm.

Listed by Helen Hennigan, Conway - West Roxbury

$
$
%
$/month over payments
Federal 30-year interest rate: 3.82% last updated on Jun 13, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1539 N Shore Road Revere MA 02151
Open House

MLS Number 72518727

  • Multi-Family 2 Family - 2 Units Up/Down
  • Next Open House: Sun 23rd 11:45 am - 1:45 pm
  • Year Built 1900
  • Bedrooms 5

Open House Sunday June 23,2019 12-2Pm , Update 2 family located in walking distance to Revere beach blue line station, walking distance to Revere Beach ,4 miles to Logan Airport , The House was total renovated on 2013, Brand new roof replaced May 2019, brand new hardwood floor in first floor,kitchen counter top new range, Heating system and hot water thank replaced 2013. New carpet stairway, The second floor consist of 3 bedrooms and 2 full bath , 2 levels of living area, Tenant has a right of first refusal, Xxx Possible to have 2 parking spaces but a buyer & buyer's agent to check with city to apply for variance , seller and his agent does not give any guaranty Nor representation about getting a permit to do driveway Xxx Seller is offering $5000 Closing cost to cover the paint job for second floor and change doors ,

Listed by Abdelouahab Aitelhadj, Amana Green Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.82% last updated on Jun 13, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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23 Nixon Street Boston MA 02124
Open House

MLS Number 72521231

  • Multi-Family 2 Family
  • Next Open House: Sun 23rd 12:00 pm - 2:00 pm
  • Year Built 1890
  • Bedrooms 5

Opportunity is knocking, so don't miss out! Gorgeous Melville Park area 2 family completely remodeled in 2017 near Shawmut T Stop. This impressive home has an amazing bi-level owner's unit featuring a stunning granite kitchen with stainless steel appliances and, island seating, that's perfect for the Chef in the family. Off the kitchen you'll find a sprawling deck with nice city views, ideal for relaxing and outdoor entertaining. Upon exiting the kitchen you are drawn into a warm and inviting fireplaced living room where you can recharge and rest from a weary day. Leading out from the living room there are 2 ample size bedrooms and a main level tile bath which rounds out the 1st level. Escape from every day life to the master suite where you're sure to enjoy the tasteful design elements and spa like features. First-floor unit offers 2 bedrooms, maple cabinet kitchen, tile bath, hardwood floors, private laundry, a deck and more. So don't delay, time waits for no one!

Listed by Curtis Howe, Howe Realty Group

$
$
%
$/month over payments
Federal 30-year interest rate: 3.82% last updated on Jun 13, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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80 Geneva Street Revere MA 02151

Price$674,974

Est. Mortgage: $/month

MLS Number 72519116

  • Multi-Family 2 Family
  • Year Built 1975
  • Bedrooms 5

Renovated beautiful two family located in west revere.Brand new kitchens with granite counter top and stainless steel appliances,.brand new bathrooms and hardwood floors through out, new electrical panels and systems with a high efficiency RINNAI tankless heating/water heater combo on the 2nd floor. Touch matic auto kitchen faucet,keyless entry to both units are some high tech features of this house. There are so many things to mention….. Do not forget to bring your check book!!!!!!!

Listed by Mission Impossible Team, United Brokers

$
$
%
$/month over payments
Federal 30-year interest rate: 3.82% last updated on Jun 13, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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29 Catherine Street Boston MA 02131

Price$650,000

Est. Mortgage: $/month

MLS Number 72520955

  • Multi-Family 2 Family
  • Year Built 1910
  • Bedrooms 6

Investors Delight!!! This is a nice size multi family located on Roslindale /JP boarder line, minutes from the forest hills train station and Arnold Arboretum. First floor and second floor has eat in kitchen and dining with two bedrooms and a living room. Third floor has two bed eat in kitchen and full bath (in law unit). Second unit also has a twenty foot back deck Balcony style. Huge driveway accommodating four cars. Plenty amenities like restaurants, groceries stores, clothing stores, sports bars, and much more. There is also a office in connected to property with full bath and heating. THIS HOUSE SHOULD HAVE BEEN A THREE FAMILY!!! BRING YOUR VISION TO COMPLETE THE DETAILS. Short sale not yet approved... GROUP SHOWING SAT JUNE 22ND FROM 1PM-2:30PM

Listed by Duane Miller, Boston Trust Realty Group

$
$
%
$/month over payments
Federal 30-year interest rate: 3.82% last updated on Jun 13, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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30 Minot Boston MA 02122
Open House

MLS Number 72504060

  • Multi-Family 2 Family
  • Next Open House: Sun 23rd 2:00 pm - 3:00 pm
  • Year Built 1900
  • Bedrooms 4

OPEN HOUSE on SUNDAY, JUNE 23rd at 2:00pm Minot St, one of the most sought after locations in the Adams Village, Port Norfolk area. Don't miss your opportunity to own in this RED HOT MARKET before it's too late. This multi-family home has been well taken care of for decades, from vinyl siding, gas heat, gas hot water, vinyl windows and much more. Each unit has a separate entrance, 1st floor consists of hwdflrs, freshly painted walls, large bdrms, 1.5 baths, W/D in unit, eat-in-kitchen with ample cabinetry. Outdoor space overlooking the large fenced-in-yard with development potential. 2nd floor has private entrance, it has been recently renovated with newer counter tops, S/S appliances, one bdrm is on main level, living room access to a small deck, 2nd bdrm located in the recently renovated attic space with plush carpeting and a walk-in-closet. Ample pkg, minutes to 93, public transit, tons of restaurants, pubs, shopping, beach, Marina Bay, amazing location, schedule your appt. today!

Listed by Gregory Anderson, A. C. B. Realty Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 3.82% last updated on Jun 13, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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26 Wayne Street Boston MA 02121
Open House

MLS Number 72521767

  • Multi-Family 2 Family - 2 Units Up/Down
  • Next Open House: Sat 22nd 12:00 pm - 1:30 pm
  • Year Built 1900
  • Bedrooms 5

Huge 2-family located in the heart of Dorchester's Grove Hall neighborhood. This property boasts of oversized rooms, hardwood floors, 5 fireplaces, high ceilings and lots of character. 1st unit is a duplex style apartment with 4 bedrooms, 2.5 baths, living room, dining room, family room and kitchen. 2nd floor unit was renovated in 2013, consisting of 1 bedroom, kitchen plus a study. Full basement. Additional features include: off-street parking to accommodate approximately 2-3 cars, roof replaced in 2005, electric updated in 2017, full bath in basement currently inactive, plumbing in place to restore for an additional full bath. Needs TLC throughout and will not qualify for FHA financing. Loads of potential. SOLD "AS IS" Highest and best offers due Monday June 24th at 9am. All offers will be reviewed shortly after the deadline.

Listed by Rocklyn Clarke, Redfin Corp.

$
$
%
$/month over payments
Federal 30-year interest rate: 3.82% last updated on Jun 13, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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34 Clinton Street Waltham MA 02453

Price$599,900

Est. Mortgage: $/month

Open House

MLS Number 72521708

  • Multi-Family 2 Family
  • Next Open House: Sat 22nd 12:00 pm - 1:30 pm
  • Year Built 1910
  • Bedrooms 5

Highly Desirable & Convenient Newton Line! Affordable 2 family on a quiet side street with both apartments having 2 floors of living. The owners apartment consist of the first floor, a second floor bedroom and is handicap accessible with in unit laundry. The upper apartment is on the 2nd +3rd floor and has 6+ rooms and 3 bedrooms. Two separate driveways, economic gas heating and a fenced yard. Easy walk to vibrant Moody St for shopping, restaurants and night life. Great opportunity for a first time buyers or investor. Act now!

Listed by Stephen O Loughlin, Realty Executives

$
$
%
$/month over payments
Federal 30-year interest rate: 3.82% last updated on Jun 13, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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23 Fellsway E Malden MA 02148

Price$799,000

Est. Mortgage: $/month

MLS Number 72515892

  • Multi-Family 2 Family - 2 Units Up/Down
  • Year Built 1920
  • Bedrooms 6

Owners downsizing is your gain ! Rarely available: Lovingly cared for 2 family home featuring 6 bedrooms and 4 full baths. Newer windows, High ceilings. Separate GAS heating systems ((2003). Brand new roof (2019). Fantastic location close to Malden T station (0.8 mile per Google Maps). Buyers' agent to do due diligence. Property to be delivered in "AS IS" condition.

Listed by Theresa Cho, Z. Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.82% last updated on Jun 13, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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44 Everett Street Everett MA 02149

Price$669,000

Est. Mortgage: $/month

MLS Number 72488960

  • Multi-Family 2 Family - 2 Units Up/Down
  • Year Built 1880
  • Bedrooms 6

Renovated 6 beds/2baths 2 family in a great location right on the corner of Main St; close to everything (public transportation, shopping, restaurants, general stores and more). Bus stop on the corner (Main St @ Everett St) #99, #105, #106. The multi-family was fully renovated in 2006; Newer windows, kitchen and bathrooms; Roof is a bit older than 2006. Shed was installed in 2017. Solar Panels installed in 2015 (transferable / assumable Tesla contract). 2 units up and down, each with 3 beds and 1 bath. 1st unit is owner occupied; 2nd unit is currently occupied with Lease in effect til February, 2020 - New owners to honor Lease Agreement. Heat and hot water powered by gas. Full basement, W/D, 2 gas meters. Water heater tanks: unit #1, 2018, unit #2, 2016. "Right of way set forth on at the deed" to use road to get to parking spots. Showing only during set Open Houses. Don't miss this the opportunity to own a multi-family with steady rental income!

Listed by D&D Realty Team, Century 21 North East

$
$
%
$/month over payments
Federal 30-year interest rate: 3.82% last updated on Jun 13, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

7 Moraine Street Brockton MA 02301

Price$525,000

Est. Mortgage: $/month

Open House

MLS Number 72513931

  • Multi-Family 2 Family - 2 Units Up/Down
  • Next Open House: Sat 22nd 12:00 pm - 1:30 pm
  • Year Built 1950
  • Bedrooms 6

WOW worthy. Immaculate 4 finished levels of a little bit of heaven near highways and mall. Recently updated a remodeled two family featuring the first level with basement man town with extra room and family room with wet bar and access to private fenced back yard privacy with professional landscaping and huge grill patio. First level with all updates and two bedrooms. Second and third level just completed with huge kitchen, granite counter tops, huge island, wood floors. spacious bedrooms and extra loft study.. extra tall ceilings. First level has 2 bedrooms, second and third floors have 4 bedrooms and two baths. plus a study. This is one of a kind home with porches recently rebuild, new out door shed, lots of parking and fenced area for those quiet summer nights. Both Kitchens have updated and upgraded cabinets and granite, appliances, painted and new floors. Gas heating and cooking! This is a must to see, open floor plans and rooms for privacy that the whole family will enjoy

Listed by Marie Paulsen, Keller Williams Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.82% last updated on Jun 13, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.