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SELLER FINANCING AVAILABLE! Investors, Fully renovated in 2020, this property features brand new appliances and very high income potential with one long-term upstairs tenant paying $2, 725 monthly and the downstairs unit ready for a high-paying tenant. Very clean and amazing opportunity to buy & hold in Fall River's climbing market! This well maintained 2 family property is perfect for investors seeking a prime rental opportunity with cashflow. This property offers spacious living areas ideal for families. The second unit features 3 bedrooms and 1 bathroom, with 4 additional rooms totaling to 7, suitable for an office, study, or storage. Conveniently located near shopping centers & public transportation, this property ensures easy access to all essential amenities. ensuring modern updates and improvements throughout. Don't miss out on this excellent investment opportunity! For more information on the rare seller financing opportunity and terms, please reach out to listing agent Anthony
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $475,920 | $475,920 | $475,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.333% | 6.419% | 5.668% |
| Monthly Tax Payment | $427 | $427 | $427 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,815 | $2,930 | $3,857 |
| Total Monthly Payment | $3,334 | $3,449 | $4,376 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.