Rare Investment opportunity to own 2 buildings on 1 lot! Welcome to 475-483 North Belmont Street which is only 1 Mile from the new MBTA commuter rail. This Single Family and 2 Family is a great investment for now and in the future. This lot is over 1/4 acre and both houses have their own water/sewer line so there could be a potential of splitting them with a little bit of leg work. The single family consists of 2 bedrooms and 1 bath. The 2 Family has 3 bedrooms and 1 bath in each unit. You'll have off street parking for 2 cars. Lots of storage in the attic of the 2 family. All tenants are TAW. Properties like this don't come up for sale too often!
475-483 N Belmont St, Fall River, MA, 02720
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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