Unique multi-family featuring two detached single family units on one lot in New Bedford! Both units contain one bedroom with one full bath. Occupy the first unit and collect rental income from the second. Front unit recently renovated featuring central a/c, updated heating and modern kitchen! Square footage of front unit is listed as 650. Rear unit is slightly smaller at 406 square feet. Both units have vinyl siding and roofs less than 12 years old. Separate utilities.
This home has been viewed 33 times
Last Checked: May 7th, 2024 at 1:46am (Source: MLS PIN #73071185)
Gross Income: $12,000
Gross Expenses: $3,810
Net Income Calc: $8,190
CAP Rate: 2.49%
Beach Front
Annual Expenses for 85-87 Larch St, New Bedford MA 02740
Total Gross Expenses (Calculated)$3,810/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,810
Annual Income & Unit Breakdown for 85-87 Larch St, New Bedford MA 02740
Total Gross Income (Calculated)$12,000
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,000
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
General Information for 85-87 Larch St, New Bedford MA 02740
Listing ID73071185
Property TypeMulti Family
Price$329,000 ($311.55/SqFt)
StyleMulti Family
CityNew Bedford
CountyBristol
MLS AreaSouth
Neighborhood(s)
Approximate Living Area Total1,056 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking0
Garage Parking
Year Built1925
Year Built SourcePublic Records
Year Renovated
Year Built DetailsRenovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningRB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesBay, Beach Front
Energy Features
Terms
Disclosures for 85-87 Larch 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 Compensation2.5%%
Facilitator Compensation1%%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 85-87 Larch St, New Bedford MA 02740
Real Estate Taxes$3,810
Tax Year2023
Assessed Value$266,600
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)2.49%
Location Information for 85-87 Larch St, New Bedford MA 02740
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaSouth
Area Amenities
Contact Information for 85-87 Larch St, New Bedford MA 02740