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Presented by![]() Marcy Grambo |
Welcome to 55 Tremont St! This updated two-family home is less than 2 miles from the brand new MBTA commuter rail and Fall River waterfront attractions. Ideal for both owner-occupied buyers and investors. Current rents totaling $3, 762. Enjoy peace of mind with lead certificates and separate utilities for both units. There are many updates throughout, including bathrooms, kitchens, flooring, appliances, and more. Unit #1 is a spacious 1st floor one bedroom. Unit #2 is a two-level townhouse style featuring 4 bedrooms and 1. 5 baths. Gas baseboard heating, no space heaters! Updated electric panels and plumbing. The exterior features a recent roof, maintenance free vinyl siding, replacement windows, covered porches, and a fenced side yard to enjoy the outdoors. Additionally, there is parking for 2-3 cars. The Fall River T Station is operating offering easy access for commuting to Boston! Here's your chance to own a move-in ready investment located close to city businesses and highways!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$549,900
Sales Associate
William Raveis Real Estate
Phone: 860.480.0249
Marcy.Grambo@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $439,920 | $439,920 | $439,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.810% | 6.026% |
Monthly Tax Payment | $387 | $387 | $387 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,532 | $2,817 | $3,653 |
Total Monthly Payment | $3,011 | $3,296 | $4,132 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.