This 5-unit commercial building offers a unique opportunity for both business owners and investors. It features four 800sqft one-bedroom residential units with solid rental potential. Located near a train station with direct access to Boston, the residential units could be turned into furnished professional housing, creating additional income. The first floor boasts an updated office unit with exceptional frontage and visibility on a main road, perfect for a business. This property is ideal for anyone looking to run their business while generating rental income from the residential units to offset operating costs. It’s also a great investment with strong return potential. Financing could potentially be available with just 30% down and no tax returns or personal income documents required. Whether you want to live above your business or expand your investment portfolio, this property offers great possibilities. Schedule a showing today!
337 Columbia St, Fall River, MA, 02721
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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