NEW PHOTOS OF JUST RENOVATED 1st Floor!!! BRAND NEW BEAUTIFUL 1 bedroom unit with open floor plan, stainless steel appliances, granite countertops, and tiled walk in shower! Great opportunity for single owner or couple. 2nd floor has 2 bedrooms with large closets, roomy kitchen and nicely sized living room and separate entrance. 2nd floor has walk up attic, which could be finished for extra living space. Newly vinyl sided, vinyl windows, updated electrical panel and heating system. This property HAS 7 PARKING SPACES, great rental opportunity for extra income along with 2nd floor unit! Property is close to hospital, zoo, downtown and major highways. Own your home while tenant and parking spaces help pay the mortgage!!
This home has been viewed 33 times
Last Checked: May 6th, 2024 at 11:45pm (Source: MLS PIN #73065327)
Gross Income: $32,400
Gross Expenses: $5,438
Net Income Calc: $26,962
CAP Rate: 7.70%
Annual Expenses for 178 Arnold St, New Bedford MA 02740
Total Gross Expenses (Calculated)$5,438/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,438.67
Annual Income & Unit Breakdown for 178 Arnold St, New Bedford MA 02740
Total Gross Income (Calculated)$32,400
Unit 1
Rental Income$1,200
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$1,500
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
General Information for 178 Arnold St, New Bedford MA 02740
Listing ID73065327
Property TypeMulti Family / 2 Family
Price$350,000 ($199.54/SqFt)
Style2 Family - 2 Units Up/down
CityNew Bedford
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total1,754 SqFt
Approximate Lot Size (Acres)0.1 acres
Total Parking7
Garage Parking
Year Built1899
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningMUB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 178 Arnold St, New Bedford MA 02740
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$12,000
Total Net Income By Broker$12,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 178 Arnold St, New Bedford MA 02740
Real Estate Taxes$5,438.67
Tax Year2022
Assessed Value$162,300
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$12,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$12,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.70%
Location Information for 178 Arnold St, New Bedford MA 02740
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 178 Arnold St, New Bedford MA 02740