Unique Investment Opportunity with 3 Separate Buildings!! This property features three distinct structures, each offering excellent income potential. Located at 100-104 Adams Street, the first building is a spacious 3 family (triplex) featuring 2 very large apartments with huge bedrooms, plenty of closet space, and a bonus sunroom that could be used as a 4th bedroom. The top floor of this building has a sun filled, well appointed 2 bedroom apartment. The second building at 619-621 Summer Street, was originally two storefronts that were converted into a two-unit residential property each unit having 1 bedroom. Additionally, this property also includes 10 garage bays for extra rental income. With 3 separate buildings—a triplex, a duplex, and garage bays—this property offers multiple income streams. Property will require commercial financing. Don’t miss out on this amazing opportunity to expand your investment portfolio.
100-104 Adams St, New Bedford, MA, 02746
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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