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140 Norman St, New Bedford MA 02744

$442,000

Estimated $1,087.62/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $147,333.33

Total Rent: 12000/year

Estimated CAP Rate: 1.71%

8 Bedrooms

3 Full Baths

3,510 SqFt

Total Parking: 0

2,948 SqFt

This three family has a lot of potential. It is located near beaches and walking paths, route 18, close to New Bedford Downtown restaurants, theatre, shopping, schools and close to the proposed new Railway Station. Three Family is being sold "As Is," "Where Is." It needs some TLC inside and out. No Seller contingencies. Buyer to do due diligence.

This home has been viewed 29 times

Last Checked: May 7th, 2024 at 2:46am (Source: MLS PIN #73016989)

Gross Income: $12,000

Gross Expenses: $4,451

Net Income Calc: $7,549

CAP Rate: 1.71%

Beach Front

Beach Access

Annual Expenses for 140 Norman St, New Bedford MA 02744

Total Gross Expenses (Calculated)$4,451/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,451

Annual Income & Unit Breakdown for 140 Norman St, New Bedford MA 02744

Total Gross Income (Calculated)$12,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(other (see Remarks))

Unit 2

Rental Income$1,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(other (see Remarks))

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(other (see Remarks))

General Information for 140 Norman St, New Bedford MA 02744

Listing ID73016989

Property TypeMulti Family / 3 Family

Price$442,000 ($125.93/SqFt)

Style3 Family

CityNew Bedford

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total3,510 SqFt

Approximate Lot Size (Acres)0.07 acres

Total Parking0

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningMUB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Walk To, Beach Front, Beach Ownership(public), 0 To 1/10 Mile To Beach, Beach Access

Energy Features

Terms

Disclosures for 140 Norman St, New Bedford MA 02744

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 OnGross/full Sale Price

Financial Information for 140 Norman St, New Bedford MA 02744

Real Estate Taxes$4,451

Tax Year2022

Assessed Value$286,400

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)1.71%

Location Information for 140 Norman St, New Bedford MA 02744

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Laundromat, Public Transportation

Contact Information for 140 Norman St, New Bedford MA 02744

Agent

Name: Sharon Costa

Office

Name: Sharon Realty

Phone: 508-951-5777

Team Members

Payment Calculator

, Interest

Property Taxes 370.92

Principal & Interest 2723.46

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Sharon Realty

Sharon Costa

Agent Phone

Office Phone

(508) 951-5777

Text Agent Call Agent Call Office

Array
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    [acres] => Approx. 0.07 acres (2,948 SqFt)
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[building_debug] => 140 Norman St New Bedford
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    [cultivation_acres] => None
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[deposit_required] => Array
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[deqe] => 
    [description] => This three family has a lot of potential. It is located near beaches and walking paths, route 18, close to New Bedford Downtown restaurants, theatre, shopping, schools and close to the proposed new Railway Station.  Three Family is being sold "As Is," "Where Is."  It needs some TLC inside and out. No Seller contingencies. Buyer to do due diligence.
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[first_month_required] => Array
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        (
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[half_baths] => 0
    [handicap_access] => No
    [heating] => Yes
    [heating_expense] => Array
        (
            [0] => $0
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[high_school] => 
    [horse_features] => Array
        (
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            [1] => Walk To
            [2] => Beach Front
            [3] => Beach Ownership(public)
            [4] => 0 To 1/10 Mile To Beach
            [5] => Beach Access
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[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 333278
    [insurance_expense] => Array
        (
            [0] => $0
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[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 02:46:01
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 3,510 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Level
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[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73016989
    [neighborhoods] => Array
        (
        )

[net_income_calc] => 7549
    [net_operating_income] => Array
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            [0] => $12,000
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 3
    [office] => Array
        (
            [id] => AN7521
            [name] => Sharon Realty
            [phone] => 508-951-5777
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 508-951-5777
    [pool_features] => Array
        (
        )

[price] => $442,000
    [price_per_sqft] => 125.93
    [price_per_unit] => 147333.33333333
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => 3 Family
        )

[real_estate_tax] => $4,451
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
            [0] => Unit 1(none)
            [1] => Unit 2(none)
            [2] => Unit 3(other (see Remarks))
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 15
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Closed
        )

[street_number] => 140
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 1
    [tag_beach_front] => 1
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2022
    [team] => Array
        (
            [0] => Array
                (
                    [id] => CT006274
                    [name] => Sharon Costa
                    [phone] => 508-951-5777
                    [address] => 1197 Phillips Road Apt.5
                    [city] => New Bedford
                    [state] => MA
                    [zip] => 02745
                    [office] => AN7521
                    [national_association] => 85613398
                )

)

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 4451
    [total_gross_income] => 12000
    [total_parking] => 0
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
            [0] => 0
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[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 2
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => N
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[unit_2_levels] => 1
    [unit_2_rent] => Array
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[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 3
    [unit_3_floor] => 3
    [unit_3_lease] => Array
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            [0] => N
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[unit_3_levels] => 1
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
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[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 140 Norman St, New Bedford MA 02744
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
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            [1] => Walk To
            [2] => Beach Front
            [3] => Beach Ownership(public)
            [4] => 0 To 1/10 Mile To Beach
            [5] => Beach Access
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[year_built] => 1910
    [year_built_details] => Approximate,Renovated Since
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 02744
    [zoning] => MUB
    [zoning_details] => 
    [media] => Array
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                    [type] => gallery
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                    [modified] => 2024-05-07 02:46:05
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EXIT

Closed

140 Norman St, New Bedford MA 02744

$442,000

Annual Expenses for 140 Norman St, New Bedford MA 02744

Annual Income & Unit Breakdown for 140 Norman St, New Bedford MA 02744

General Information for 140 Norman St, New Bedford MA 02744

Disclosures for 140 Norman St, New Bedford MA 02744

Financial Information for 140 Norman St, New Bedford MA 02744

Location Information for 140 Norman St, New Bedford MA 02744

Contact Information for 140 Norman St, New Bedford MA 02744

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Sharon Realty

Sharon Costa