Prime Approved Multifamily Development OpportunityUnlock the value of a development-ready property offering one of the most time-consuming and expensive components of any project already completed. This exceptional parcel includes permits, municipal approvals, and professionally prepared plans and designs for a multifamily residential development, allowing a buyer to move toward construction with significantly reduced entitlement risk and development timelines.Ideally positioned on a convenient access road providing easy entry and exit to the downtown district, the property offers outstanding accessibility while remaining close to employment centers, shopping, restaurants, entertainment, public transportation, and major commuter routes. The location is well suited for today's growing demand for quality housing in vibrant urban settings.
Lot Description:
Level, Corner Lot, Cleared, Curbs & Gutters, Sidewalks
Amenities:
Public Transportation, Shopping, Medical Facility, House of Worship, Sidewalks
0 Kempton St (Ns), New Bedford, (West), MA, 02740
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
