Calling all developers and senior living groups! Here's a golden opportunity to transform this once-operating nursing home into a vibrant hub for community living. With 40 rooms, with 40 rooms, 99+/- Beds, 40 +/- bathrooms, with a flexible floor plan, the possibilities are endless. Whether you're envisioning a modern living facility, a dynamic day facility, or retaining its original purpose as a nursing home, this property is primed for success. Located in a residential neighborhood with easy access to schools and essential services, it offers convenience and comfort. Plus, with City and State tax incentives and financing options available, seizing this project is not just a smart move but a transformative one. Let's breathe new life into this space together. Blueprints are ready for your perusal—let's make dreams a reality!
Utilities
Public Water, Public Sewer, Natural Gas Available, 110 Volts, 220 Volts, Three Phase, Fiber Optic
Buyer Agent Compensation:
2
Facilitator Compensation:
0
1123 Rockdale Ave, New Bedford, (Rockdale), 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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