This is a great opportunity for owner occupied or investor buyer! 3 - Family property in the North End. Currently 1st floor and 3rd floor are rented and 2nd floor is vacant . TAW. Each unit has 3 bedrooms, kitchen, full bath, dining room and living room. Garage and backyard with additional parking in the drive way. Recent roof and vinyl windows, well maintained property. Second floor is move in ready close to all amenities. The City of New Bedford is still an affordable area to invest in. The approved commuter line to Boston is underway.
This home has been viewed 30 times
Last Checked: May 7th, 2024 at 2:01am (Source: MLS PIN #73077745)
Gross Income: $48,000
Gross Expenses: $5,070
Net Income Calc: $42,930
CAP Rate: 8.34%
Annual Expenses for 330-332 Shaw St, New Bedford MA 02745
Total Gross Expenses (Calculated)$5,070/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,070
Annual Income & Unit Breakdown for 330-332 Shaw St, New Bedford MA 02745
Total Gross Income (Calculated)$48,000
Unit 1
Rental Income$2,100
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit3
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$1,900
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit3
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit3
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 330-332 Shaw St, New Bedford MA 02745
Listing ID73077745
Property TypeMulti Family / 3 Family
Price$515,000 ($140.48/SqFt)
Style3 Family
CityNew Bedford
CountyBristol
MLS AreaNorth
Neighborhood(s)
Approximate Living Area Total3,666 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking4 (2 Garage)
Garage Parking2 / Detached
Year Built1915
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
ZoningRB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 330-332 Shaw St, New Bedford MA 02745
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$46,800
Total Net Income By Broker$46,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 330-332 Shaw St, New Bedford MA 02745
Real Estate Taxes$5,070
Tax Year2023
Assessed Value$354,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$46,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$46,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)8.34%
Location Information for 330-332 Shaw St, New Bedford MA 02745
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaNorth
Area Amenities
Contact Information for 330-332 Shaw St, New Bedford MA 02745