Welcome to 166 Grinnell St, a fantastic two-family property in New Bedford, MA. This well-maintained home features a vacant first-floor unit with 2 bedrooms, ideal for owner-occupants or investors seeking a turnkey opportunity. The second-floor unit has 3 bedrooms, offering plenty of space and rental potential. Siding has been recently painted. Off-street parking adds convenience, and ample storage in the basement provides practical solutions for tenants or owners. Located nearby Saint Luke’s Hospital, Buttonwood Park, and the downtown area, this property is perfectly situated for easy access to local amenities and transportation. Whether you’re looking to invest or settle down, 166 Grinnell St is an exceptional opportunity in a prime location! Don't miss out on this versatile property – schedule your showing today!
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $343,920 | $343,920 | $343,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $204 | $204 | $204 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,317 | $2,286 | $2,900 |
Total Monthly Payment | $2,596 | $2,565 | $3,179 |
* 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.