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192 Walnut Street, New Bedford MA 02740

$550,000

Estimated $1,151.99/month Calculator

Multi Family

Total Units: 10

Price Per Unit: $55,000

Total Rent: 34440/year

Estimated CAP Rate: 0.85%

10 Bedrooms

3 Full Baths

2,564 SqFt

Total Parking: 0

2,243 SqFt

INVESTORS OPPORTUNITY! 10 UNITS ALL 1 BEDROOMS WITH 3 FULL BATHS, ROOF IS 3 MONTHS OLD; GAS HEATING SYSTEM/HOT WATER TANK 5 Y.O. 200 AMP ELECTRIC SERVICE; NEW POURED BASEMENT FLOOR; NEW BLOCK GLASS WINDOWS. 7 UNITS HAVE STOVES, ALL HAVE SINKS REFRIGERATORS & MICROWAVES. SELLER PAYS ALL UTILITIES. RENT ROLL/INCOME AVAILABLE TO SERIOUS BUYERS ONLY. MUST BE PRE-APPROVED FOR ROOMING HOUSE PURCHASE BEFORE ANY VIEWINGS. FULL TENANCY NOT GUARANTEED AT TIME OF CLOSING.

This home has been viewed 23 times

Last Checked: May 7th, 2024 at 5:56am (Source: MLS PIN #73078343)

Gross Income: $34,440

Gross Expenses: $29,781

Net Income Calc: $4,659

CAP Rate: 0.85%

Beach Front

Annual Expenses for 192 Walnut Street, New Bedford MA 02740

Total Gross Expenses (Calculated)$29,781/year

APOD AvailableYes

Heating

Electricity$5,509

Water$1,250

Gas$1,250

Insurance$4,629

Sewer$1,250

Trash Removal$2,772

Repair & Maintenance

Management

Miscellaneous$11,268

Real Estate Tax$3,122

Annual Income & Unit Breakdown for 192 Walnut Street, New Bedford MA 02740

Total Gross Income (Calculated)$34,440

Unit 1

Rental Income$700

LeaseN

Bedrooms1

Bathrooms

Floor1

Levels in Unit1

HeatingNo

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water)

Unit 2

Rental Income$750

LeaseN

Bedrooms1

Bathrooms

Floor1

Levels in Unit1

HeatingNo

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water)

Unit 3

Rental Income$780

LeaseN

Bedrooms1

Bathrooms

Floor1

Levels in Unit1

HeatingNo

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water)

Unit 4

Rental Income$640

LeaseN

Bedrooms1

Bathrooms

Floor1

Levels in Unit1

HeatingNo

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water)

General Information for 192 Walnut Street, New Bedford MA 02740

Listing ID73078343

Property TypeMulti Family

Price$550,000 ($214.51/SqFt)

Style5+ Family - Rooming House

CityNew Bedford

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total2,564 SqFt

Approximate Lot Size (Acres)0.05 acres

Total Parking0

Garage Parking

Year Built1879

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningRC

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesBay, Ocean, Beach Front, Beach Ownership(public), 1 To 2 Mile To Beach

Energy Features

Terms

Disclosures for 192 Walnut Street, 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$26,679

Total Gross Income By Broker$88,162

Total Net Income By Broker$61,483

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1.5

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 192 Walnut Street, New Bedford MA 02740

Real Estate Taxes$3,122

Tax Year2023

Assessed Value$218,500

Financial Data Source

Total Gross Expenses By Broker$26,679

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$88,162

BostonRealEstate.com Gross Income

Total Net Income By Broker$61,483

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)0.85%

Location Information for 192 Walnut Street, New Bedford MA 02740

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Public Transportation, T-station, Marina, Private School, University

Contact Information for 192 Walnut Street, New Bedford MA 02740

Agent

Name: Janice Hathaway

Office

Name: Venture

Phone: 617-340-9770

Payment Calculator

, Interest

Property Taxes 260.17

Principal & Interest 3388.93

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Venture

Janice Hathaway

Agent Phone

Office Phone

(617) 340-9770

Text Agent Call Agent Call Office

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[management_expense] => Array
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[middle_school] => 
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[optional_fee_includes] => Array
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[optional_price] => 0
    [outdoor_space_available] => Array
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[owner_occupancy_source] => 
    [parking_features] => Array
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[pasture_area] => None
    [patio_and_porch] => Array
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[perc_test] => Array
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[perc_test_date] => Unknown
    [pet_policy] => Array
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    [pool_features] => Array
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            [1] => Gas
            [2] => Water
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[repair_maintenance_expense] => Array
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[road_frontage_type] => Array
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[roof_material] => Array
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    [senior_community] => No
    [sewer] => Array
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[sewer_expense] => Array
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[short_sale] => 
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    [state_code] => MA
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    [structure_type] => Array
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[style] => Array
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    [tag_laundry] => 
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    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
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    [tag_townhouse] => 
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    [tag_waterview] => 
    [tax_year] => 2023
    [team] => Array
        (
        )

[terms] => Array
        (
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[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 29781
    [total_gross_income] => 34440
    [total_parking] => 0
    [trash_expense] => Array
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[uffi] => Array
        (
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[unit_1_bathrooms] => 
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            [0] => 192 Walnut Street, New Bedford MA 02740
        )

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[water] => Array
        (
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[water_expense] => Array
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[water_views_features] => Array
        (
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            [1] => Ocean
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[year_built] => 1879
    [year_built_details] => Approximate
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 02740
    [zoning] => RC
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EXIT

Closed

192 Walnut Street, New Bedford MA 02740

$550,000

Annual Expenses for 192 Walnut Street, New Bedford MA 02740

Annual Income & Unit Breakdown for 192 Walnut Street, New Bedford MA 02740

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Financial Information for 192 Walnut Street, New Bedford MA 02740

Location Information for 192 Walnut Street, New Bedford MA 02740

Contact Information for 192 Walnut Street, New Bedford MA 02740

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Janice Hathaway