Attention investors! Well-maintained 4-family located near Brooklawn Park in New Bedford. The first and second floors each offer spacious 3-bedroom, 1-bath units, while the third and fourth floors feature 1-bedroom units. All units are lead certified, and all appliances are owned by the landlord. With below-market rents, this property offers excellent upside potential for increased cash flow. Conveniently located near parks, schools, shopping, major highways, the downtown waterfront, and the new South Coast Rail commuter service providing direct access to Boston, this is a turnkey investment opportunity in one of New Bedford's growing rental markets.
50-52 Princeton 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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