Perfect property to Invest in! This 5-unit in New Bedford layout one 3- bedroom, two 2- bedroom, and two 1-bedroom units, all 1 bathroom. Fully occupied! Tenants pay for their own utilities (gas & electric), currently rents below market value. Great location corner lot. Now's the time to invest in real estate and begin earning some passive income. Schedule you're showing today!
This home has been viewed 38 times
Last Checked: May 6th, 2024 at 11:30pm (Source: MLS PIN #72979150)
Gross Income: $38,700
Gross Expenses: $4,411
Net Income Calc: $34,289
CAP Rate: 7.62%
Annual Expenses for 49-51 County Street, New Bedford MA 02744
Total Gross Expenses (Calculated)$4,411/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,411.81
Annual Income & Unit Breakdown for 49-51 County Street, New Bedford MA 02744
Total Gross Income (Calculated)$38,700
Unit 1
Rental Income$875
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit3
HeatingNo
Rent Includes
Unit 2
Rental Income$750
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit3
HeatingNo
Rent Includes
Unit 3
Rental Income$975
Lease
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit3
HeatingNo
Rent Includes
Unit 4
Rental Income$625
Lease
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit3
HeatingNo
Rent Includes
General Information for 49-51 County Street, New Bedford MA 02744
Listing ID72979150
Property TypeMulti Family
Price$450,000 ($104.94/SqFt)
Style5+ Family - 5+ Units Up/down
CityNew Bedford
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total4,288 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking0
Garage Parking
Year Built1880
Year Built SourcePublic Records
Year Renovated
Year Built DetailsUnknown/Mixed
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningMUB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 49-51 County Street, New Bedford MA 02744
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$45,900
Total Net Income By Broker$45,900
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation1%%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 49-51 County Street, New Bedford MA 02744
Real Estate Taxes$4,411.81
Tax Year2022
Assessed Value$283,900
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$45,900
BostonRealEstate.com Gross Income
Total Net Income By Broker$45,900
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.62%
Location Information for 49-51 County Street, New Bedford MA 02744
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 49-51 County Street, New Bedford MA 02744