Exciting Investment Opportunity: Rockdale Ave Building + Two Thriving Coffee Shops! This incredible package deal includes the Rockdale Ave. building & 2 profitable coffee shops located in Dartmouth and Fairhaven. Together, they form a lucrative investment opportunity in a high-demand area. Property Highlights: Rockdale Ave building generates an impressive $60,000 annually, providing a steady stream of income; Fairhaven Location is achieving remarkable success with annual sales of $1 million, showcasing its established customer base and popularity; Dartmouth Location is on track to match Fairhaven's numbers within the next year, indicating significant growth potential. Both businesses come fully equipped with appliances and include all recipes, allowing for a seamless transition. Equipment includes workbenches, microwaves, espresso machines, coffee brewers, extra refrigeration units, and ice cream freezer displays. SELLER IS WILLING TO FINANCE 20% 2ND MORTGAGE.
102-104 Rockdale Ave, 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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