This is your opportunity to step into an automotive service station complex that's been established for 3 generations. Spacious block building (44x61) has 4 stalls, 2 lifts, 3 lavettes, a customer waiting area. Strong customer base for auto repair and MA State inspections. More income is generated from the separate Car Wash (20x37 building). There is another possible income stream from the sale of gasoline. Presently there are 2 empty double-walled fiberglass fuel tanks in the ground. Also 3 Above-ground waste oil holding tanks used for heating the main building. A lot size of 24,158 sf offers lots of room for parking or expansion possibilities.
35 Oak Grove Ave, Fall River, MA, 02723
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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