Great investment opportunity in the heart of Fall River. 352 Barnes Street offers strong potential for investors or owner-occupants looking to add value. The property features double parlors on each floor, offering an easy conversion to four bedrooms per unit. Additional highlights include four garage spaces, separate utilities, and a functional multi-unit layout.Conveniently located near local amenities, public transportation, schools, and major routes. The first unit will be delivered vacant, the second unit is tenancy at will, and the third-floor tenant is currently in the eviction process. Buyer and buyer’s agent to perform all due diligence. Ideal for investors seeking long-term income or value-add potential in a growing area.
352 Barnes St, Fall River, MA, 02723
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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