This well-kept two-family property is a fantastic investment opportunity or perfect for owner-occupancy! Each unit offers 3 spacious bedrooms, 1 full bathroom, and has been updated and meticulously maintained. The building combines charm with modern amenities, ensuring low maintenance and ease of living for tenants or owners. Conveniently located in New Bedford, this property is close to local schools, shopping, and public transportation, making it a highly desirable rental option. At current market rates, this property can generate up to $54,000 per year in rental income, offering an excellent return on investment. With separate utilities and ample space, this home is move-in ready and a smart choice for investors or those looking for rental income potential. Don’t miss out on this income-producing gem in a growing market!
3541 Acushnet Ave, New Bedford, MA, 02745
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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