What we have here is 3 buildings with multi generating income. The right building holds a Full Bar with a kitchen & full liquor license. Rear building is a open floor concept restaurant with a 2nd level function hall with easy ground level entrance/exit and an elevator. Left building is a 4 unit resident apartments. The main story is simple-current seller fulfilled his friends dreams in finishing this property prior to him passing. Seller has no interest in the restaurant business but has spend time & money on getting this property to were it needs to be from updating the bathrooms, all the flooring, kitchens, exhausts, renovating all the apartments, painting the exterior and interior, roofing, making it all compliance with state & local codes-SALE INCLUDES ALL LICENSES, CONTENTS INSIDE & REAL ESTATE
349 Alden St, Fall River, MA, 02723
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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