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Canceled

29 Madison, New Bedford MA 02740

$180,000

Estimated $291.87/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $90,000

Total Rent: 15600/year

Estimated CAP Rate: 8.67%

3 Bedrooms

2 Full Baths

1,649 SqFt

Total Parking: 0

2,591 SqFt

Sarter home with rental income to help with the mortgage payment. Centrally located near downtown and waterfront, fishing piers and islands ferry. Small two family with 2 bedrooms on first and one bedroom on second floor. First floor is available for immediate occupancy.

This home has been viewed 49 times

Last Checked: May 7th, 2024 at 2:51am (Source: MLS PIN #73076464)

Gross Income: $15,600

Gross Expenses: $0

Net Income Calc: $15,600

CAP Rate: 8.67%

Annual Expenses for 29 Madison, New Bedford MA 02740

Total Gross Expenses (Calculated)$0/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax

Annual Income & Unit Breakdown for 29 Madison, New Bedford MA 02740

Total Gross Income (Calculated)$15,600

Unit 1

Rental Income$800

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$500

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 29 Madison, New Bedford MA 02740

Listing ID73076464

Property TypeMulti Family

Price$180,000 ($109.16/SqFt)

StyleMulti Family

CityNew Bedford

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total1,649 SqFt

Approximate Lot Size (Acres)0.05 acres

Total Parking0

Garage Parking

Year Built1840

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesZero Lot Line

Foundation Area

Foundation DescriptionStone,Granite,Irregular

Accessible Features

Outdoor Space

ZoningRes C

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 29 Madison, 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$15,600

Total Net Income By Broker$15,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0

Facilitator Compensation1.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 29 Madison, New Bedford MA 02740

Real Estate Taxes

Tax Year2023

Assessed Value$202,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$15,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$15,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.67%

Location Information for 29 Madison, New Bedford MA 02740

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesPublic Transportation

Contact Information for 29 Madison, New Bedford MA 02740

Agent

Name: Manuel A. Medeiros

Office

Name: Medeiros & Associates Real Estate

Phone: 508-997-2644

Payment Calculator

, Interest

Property Taxes 0

Principal & Interest 1109.1

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Medeiros & Associates Real Estate

Manuel A. Medeiros

Agent Phone

Office Phone

(508) 997-2644

Text Agent Call Agent Call Office

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    [description] => Sarter home with rental income to help with the mortgage payment. Centrally located near downtown and waterfront, fishing piers and islands ferry.  Small two family with 2 bedrooms on first and one bedroom on second floor. First floor is available for immediate occupancy.
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[pasture_area] => None
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        (
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[perc_test] => Array
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[perc_test_date] => Unknown
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[phone] => 508-989-7518
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    [price_per_sqft] => 109.16
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[repair_maintenance_expense] => Array
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[rooms] => 9
    [senior_community] => No
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[sewer_expense] => Array
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[short_sale] => 
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    [state_code] => MA
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[terms] => Array
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[year_built] => 1840
    [year_built_details] => Approximate
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    [zoning] => Res C
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EXIT