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117 Grinnell St, New Bedford MA 02740

$449,000

Estimated $1,084.97/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $149,666.67

Total Rent: 45000/year

Estimated CAP Rate: 9.07%

6 Bedrooms

3 Full Baths

2,542 SqFt

Total Parking: 0

2,291 SqFt

Looking for the perfect multi-family home for less than $500,000 in New Bedford? Look no further than this turnkey, centrally located 3 family. Conveniently located next to stores, park and highways. Perfect for owner occupied or investors looking to cash-flow.

This home has been viewed 21 times

Last Checked: May 7th, 2024 at 6:31am (Source: MLS PIN #73074967)

Gross Income: $45,000

Gross Expenses: $4,283

Net Income Calc: $40,717

CAP Rate: 9.07%

Annual Expenses for 117 Grinnell St, New Bedford MA 02740

Total Gross Expenses (Calculated)$4,283/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,283

Annual Income & Unit Breakdown for 117 Grinnell St, New Bedford MA 02740

Total Gross Income (Calculated)$45,000

Unit 1

Rental Income$1,500

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$750

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 117 Grinnell St, New Bedford MA 02740

Listing ID73074967

Property TypeMulti Family / 3 Family

Price$449,000 ($176.63/SqFt)

Style3 Family - 3 Units Up/down

CityNew Bedford

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total2,542 SqFt

Approximate Lot Size (Acres)0.05 acres

Total Parking0

Garage Parking

Year Built1881

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesOther

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningMUB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 117 Grinnell St, 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$45,000

Total Net Income By Broker$45,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 117 Grinnell St, New Bedford MA 02740

Real Estate Taxes$4,283

Tax Year2023

Assessed Value$299,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$45,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$45,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.07%

Location Information for 117 Grinnell St, New Bedford MA 02740

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 117 Grinnell St, New Bedford MA 02740

Agent

Name: Nathan Carroll

Office

Name: Lion Gate Real Estate, Inc.

Phone: 508-673-0001

Team Members

Name: William Blake

Phone: 401-683-8831

Name: The Echelon Group

Phone: 774-328-4933

Payment Calculator

, Interest

Property Taxes 356.92

Principal & Interest 2766.6

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lion Gate Real Estate, Inc.

Nathan Carroll

Agent Phone

Office Phone

(508) 673-0001

Text Agent Call Agent Call Office

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    [year_built_details] => Approximate
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    [zoning] => MUB
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EXIT

Closed

117 Grinnell St, New Bedford MA 02740

$449,000

Annual Expenses for 117 Grinnell St, New Bedford MA 02740

Annual Income & Unit Breakdown for 117 Grinnell St, New Bedford MA 02740

General Information for 117 Grinnell St, New Bedford MA 02740

Disclosures for 117 Grinnell St, New Bedford MA 02740

Financial Information for 117 Grinnell St, New Bedford MA 02740

Location Information for 117 Grinnell St, New Bedford MA 02740

Contact Information for 117 Grinnell St, New Bedford MA 02740

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Lion Gate Real Estate, Inc.

Nathan Carroll