Exceptional Mixed-Use Investment Opportunity with Strong Cash Flow Potential! This versatile property features three income-producing units in a prime location just minutes from major highways, local amenities, and within walking distance of the town beach. The property includes a pizza restaurant leased for $2,500/month and a separate street-level commercial space ideal for a professional office, retail, salon, fitness, or wellness business. The office is currently vacant and was recently leased for $1,200/month. The residential unit is a spacious 3-bedroom, townhouse-style apartment spanning two levels with its own private entrance. It is currently rented month-to-month for $2,100/month and can be delivered vacant. Each unit has a separate entrance, and the property offers ample off-street parking for tenants and customers. An excellent opportunity for investors seeking reliable cash flow or owner-occupants looking to operate a business while generating additional rental income.
379 Sconticut Neck Rd, Fairhaven, MA, 02719
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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