Versatile 5-unit multi-family home in New Bedford, MA! This property offers a diverse range of living spaces, including 2 two-bedroom units, 2 one-bedroom units, and 1 three-bedroom unit, catering to various rental needs. Each unit is designed for comfortable living, providing ample space for tenants. Situated in a prime location, this property offers easy access to nearby highways and local amenities, making it highly attractive for potential renters. The building is currently vacant, presenting a unique opportunity for investors to choose their own tenants and set rental rates that maximize income. Whether you're an experienced investor or looking to enter the rental market, this multi-family home offers excellent potential for generating steady rental income. Its strategic location and versatile layout make it a valuable addition to any real estate portfolio!
51 County St, New Bedford, MA, 02744
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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