Prime real estate opportunity located in the north end of New Bedford!! This versatile 1.56 acre parcel with high visibility is just 1.3 miles from the Church Street MBTA Commuter Rail and easy access to major highways! There are various possible uses for this commercial/residential mixed-use lot i.e. retail storefront, apartment building complex, bank, etc. With New Bedford's offshore wind project commencing, which is projected to generate good paying jobs & create new business opportunities, now is the time to purchase this property! Secure a piece of real estate in New Bedford and become part of its ongoing revitalization efforts! Buyers and buyers' real estate agent conduct own due diligence on property. SELLER TO PROVIDE $25,000 BUYER CREDIT AT CLOSING TOWARDS THE COST OF 21E.
Lot Description:
Level, Corner Lot, Irregular Lot, Fill Needed
Amenities:
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No
0 Dutton (Ss), Chaffee (Ss), New Bedford, (North), MA, 02745
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB