Approved 15-Unit Townhouse Condo Development – Owner Financing Available. Rare opportunity to acquire raw land fully permitted for 15 townhouse condominium units. All approvals in place with public utilities approved, allowing for immediate development and significantly reducing entitlement risk. Property is ideally located near major highway access and shopping centers, supporting strong market demand for future buyers or tenants. Owner financing available, offering flexible terms and an attractive capital structure for builders and investors. Ideal for build-to-sell or build-to-rent strategies. Plans, permits, and supporting documentation available upon request. Offered at $990,000
000 Lawrence, Fall River, MA, 02721
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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