Significant Price Improvement: Located at 405 County Street, the historic Gilbert Russell/Russell-Rotch Abbe House was built in 1805. Originally designed as a single-family residence for Gilbert Russell, a descendant of Joseph Russell, Duke of Bedford, who lent his name to the City of New Bedford, this architectural gem holds significant historical value. Over the years, the property underwent renovations during the mid-19th century and now proudly holds a place on the National Register of Historic Places. Presently utilized as an office building, the property offers three full floors and a functioning elevator. Forward-thinking investors will find much potential in this property. Its prime location, just a stone's throw away from historic downtown New Bedford, perfectly positions it to benefit from the city's burgeoning development projects. Seize the opportunity and schedule a tour.
405 County St, New Bedford, 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.
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