This is a fantastic opportunity to own a well maintained, and updated 3 Family in an excellent location! Spacious 3 Bedroom units with updated kitchens, bathrooms, and flooring. All 3 units de-leaded. Fully Rented with great cash flow and is perfect for your next investment property in your portfolio. Property has replacement windows, and vinyl siding. All 3 hot water tanks replaced in the last few years. There are Storage units for tenants in the basement along with a coin-op washer and dryer. The property has a nice size back yard as well! Come check it out Saturday January 21st 11 to 1 by appointment only.
This home has been viewed 36 times
Last Checked: May 7th, 2024 at 1:01am (Source: MLS PIN #73071217)
Gross Income: $40,800
Gross Expenses: $4,765
Net Income Calc: $36,035
Water Views
Annual Expenses for 164 Richmond St, New Bedford MA 02740
Total Gross Expenses (Calculated)$4,765/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4765
Annual Income & Unit Breakdown for 164 Richmond St, New Bedford MA 02740
Total Gross Income (Calculated)$40,800
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 164 Richmond St, New Bedford MA 02740
Listing ID73071217
Property TypeMulti Family / 3 Family
Price454900 ($137.35/SqFt)
Style3 Family
CityNew Bedford
CountyBristol
Neighborhood(s)
Approximate Living Area Total3312
Approximate Lot Size (Acres)0.09
Total Parking0
Garage Parking0
Year Built1913
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRB
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 164 Richmond St, New Bedford MA 02740
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Compensation Based OnNet Sale Price
Financial Information for 164 Richmond St, New Bedford MA 02740
Real Estate Taxes4765
Tax Year2022
Assessed Value$306,600
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 164 Richmond St, New Bedford MA 02740
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 164 Richmond St, New Bedford MA 02740