Wonderful Opportunity in VERY VERY busy district of the city. Property has 2 very large auto repair garages and 2 store front offices totally remodeled and updated. Each office has a half bath each. Both garages one facing Dartmouth St. The other on Mathew St. Both have auto lifts inside belonging to the tenants. One garage fits up to 6 cars to be worked on and the other 4 cars. Property has a total of 4 half baths and a partial basement under the office space. Roof was replaced approx. 8 years ago including new drains. Electric service has been updated and windows have closing metal security shutters. This building has been in the same family for over 50 years. Property has endless possibilities including Barber shops, auto repair, store fronts, insurance agency. daycare center and much much more. Take advantage of this opportunity and own the property with rental income.
375 Dartmouth St., New Bedford, MA, 02740
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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