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503-505 S 2nd St, New Bedford MA 02744

$558,000

Estimated $1,381.79/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $186,000

Total Rent: 0/year

Estimated CAP Rate: -1.03%

5 Bedrooms

3 Full Baths

2,143 SqFt

Total Parking: 2

0 SqFt

Investor Package Deal!! With this property you are getting two for the price of one. This is a wonderful opportunity to own a versatile 2-family and single family package deal! This property offers endless possibilities for both investors and owner-occupants alike. Outside, you'll find off-street parking, ensuring convenience, you'll have everything you need right at your fingertips. Whether you're looking to generate rental income or accommodate multi-generational living, The 2 family property has 2 bedrooms on each floor and the single family has 1 bedroom with a bonus room upstairs.

This home has been viewed 142 times

Last Checked: February 2nd, 2025 at 5:18am (Source: MLS PIN #73233491)

Gross Income: $0

Gross Expenses: $5,724

Net Income Calc: $5,724

CAP Rate: -1.03%

Beach Front

Annual Expenses for 503-505 S 2nd St, New Bedford MA 02744

Total Gross Expenses (Calculated)$5,724/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,724

Annual Income & Unit Breakdown for 503-505 S 2nd St, New Bedford MA 02744

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 503-505 S 2nd St, New Bedford MA 02744

Listing ID73233491

Property TypeMulti Family

Price$558,000 ($260.38/SqFt)

StyleMulti Family

CityNew Bedford

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total2,143 SqFt

Approximate Lot Size (Acres)0

Total Parking2

Garage Parking

Year Built1889

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsStone

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningMUB

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesHarbor, Ocean, Beach Front, Beach Ownership(public), 1/2 To 1 Mile To Beach

Energy Features

Terms

Disclosures for 503-505 S 2nd St, New Bedford MA 02744

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureLiving space is combined space for Single family a

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 503-505 S 2nd St, New Bedford MA 02744

Real Estate Taxes$5,724

Tax Year2024

Assessed Value$477,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-1.03%

Location Information for 503-505 S 2nd St, New Bedford MA 02744

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHouse Of Worship, Shopping, Park, Laundromat, Public Transportation

Contact Information for 503-505 S 2nd St, New Bedford MA 02744

Agent

Name: Team ROSO

Office

Name: RE/MAX Vantage

Phone: 774-992-0297

Team Members

Name: Rachel Botelho

Phone: 508-904-8721

Payment Calculator

, Interest

Property Taxes 477

Principal & Interest 3438.22

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Vantage

Team ROSO

Agent Phone

Office Phone

(774) 992-0297

Text Agent Call Agent Call Office

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EXIT

Withdrawn

503-505 S 2nd St, New Bedford MA 02744

$558,000

Annual Expenses for 503-505 S 2nd St, New Bedford MA 02744

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Location Information for 503-505 S 2nd St, New Bedford MA 02744

Contact Information for 503-505 S 2nd St, New Bedford MA 02744

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