Opportunity knocks with this spacious Greek Revival that has so much potential! Listed with city as a 5 Unit. Currently configured with 5 efficiency units, 3 studios, two 1-bedroom units & one 2-bedroom unit. The unfinished 3rd floor offers an opportunity for more revenue potential and expansion. There is a ground-level office space, a spacious 4+ car garage & about 10 off-street parking spaces. This property has much potential. Here is your chance to be part of Fall River's flourishing growth. This location positions this property as an excellent prospect for Investors in Fall Rivers Opportunity Zone near restaurants, businesses, waterfront and the new Train Station. Additionally, the Seller owns nearby properties, allowing for consideration of a lucrative package deal.
270 Bank 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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