Many different approaches to revitalizing this property, can be used as a mixture of residential and 2 store fronts, maybe a storage facility, or two separate contractor garages by removing the first floor in its entirety. 16' plus ceilings possible from garage floor if done this way, with two store fronts with loft style office space leading to your own personal garage space with the entrance for the vehicles behind back. Cost wise it is likely best to do completely commercial. MBTA will be complete end of 2023 so they say, grab it before prices are likely to go up.
This home has been viewed 30 times
Last Checked: May 7th, 2024 at 12:50am (Source: MLS PIN #73068866)
Gross Income: $0
Gross Expenses: $4,581
Net Income Calc: $4,581
CAP Rate: -1.53%
Annual Expenses for 1870-1874 Purchase, New Bedford MA 02740
Total Gross Expenses (Calculated)$4,581/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,581
Annual Income & Unit Breakdown for 1870-1874 Purchase, New Bedford MA 02740
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
Bathrooms
Floor1
Levels in Unit0
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 1870-1874 Purchase, New Bedford MA 02740
Listing ID73068866
Property TypeMulti Family / 5+ Family
Price$299,000 ($62.6/SqFt)
Style5-9 Family
CityNew Bedford
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total4,776 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking10 (4 Garage)
Garage Parking4 / Detached
Year Built1878
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionConcrete Perimeter,Block,Stone
Accessible Features
Outdoor Space
ZoningMUB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 1870-1874 Purchase, 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$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation3
Facilitator Compensation3
Sub-Agent Compensation3
Compensation Based OnNet Sale Price
Financial Information for 1870-1874 Purchase, New Bedford MA 02740
Real Estate Taxes$4,581
Tax Year2022
Assessed Value$294,000
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)-1.53%
Location Information for 1870-1874 Purchase, New Bedford MA 02740
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 1870-1874 Purchase, New Bedford MA 02740