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 41 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
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 Tax4451
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
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 140 Norman St, New Bedford MA 02744
Listing ID73016989
Property TypeMulti Family / 3 Family
Price442000 ($125.93/SqFt)
Style3 Family
CityNew Bedford
CountyBristol
Neighborhood(s)
Approximate Living Area Total3510
Approximate Lot Size (Acres)0.07
Total Parking0
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsApproximate,Renovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningMUB
Water Views
Water Views Features
Waterfront FeaturesRiver
Terms
Disclosures for 140 Norman St, New Bedford MA 02744
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 OnGross/full Sale Price
Financial Information for 140 Norman St, New Bedford MA 02744
Real Estate Taxes4451
Tax Year2022
Assessed Value$286,400
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 140 Norman St, New Bedford MA 02744
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 140 Norman St, New Bedford MA 02744