Property is located in the geographic north end of New Bedford, not far north of I-195 in an urban mixed character neighborhood. The subject consists of two separate parcels. The main site fronts along the east side of Ashley Boulevard and along two other side streets, containing a total of some 46,191 square feet. This site is improved on the south side by a granite church structure (formerly St. Kiillian Church), constructed in 1927. Sitting adjacent to the north of the church, is a single-story, brick-framed rectory, built around 1984. On the north side directly across Earle Street, is a paved parking lot containing some 25,054 square feet. The existing church structure contains approximately 12,000 square feet and the rectory 3000 square feet. Bring your vision for this opportunity.
300-306 Ashley Blvd., New Bedford, MA, 02766
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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