Investors and entrepreneurs take notice! Excellent opportunity to own a well-maintained mixed-use property in the heart of Fall River featuring 8 total units — six spacious 2-bedroom apartments and two storefronts. Four residential units are currently occupied, and one is ready to be finished with materials already on-site — an ideal value-add opportunity. Pride of ownership shows throughout with many updates, clean and well-kept spaces, and strong rental potential. Located on a busy main street close to shops, schools, parks, and highways. Functional, well-maintained, and full of upside — this property is ready to perform and positioned for strong returns!
Lot Description:
Corner Lot
Amenities:
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Marina, Private School, Public School, T-Station
Appliances:
Range, Refrigerator
1273-1279 S Main St, Fall River, MA, 02724
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
