New Bedford Two- Family Opportunity! Spacious and well-maintained two-family home featuring 3 bedrooms in each unit, offering excellent flexibility for owner-occupants or investors alike. The first-floor unit features stainless steel appliances and an updated bath, while the second-floor unit offers an updated kitchen and bath. Both units boast generous living spaces and functional layouts designed for comfortable everyday living. Enjoy the convenience of off-street parking and strong rental income potential. Whether you're looking to generate rental income or live in one unit while offsetting your mortgage with the other, this property presents an opportunity you won't want to miss!
218 Bates St, New Bedford, MA, 02745
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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