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197 Norwell St, New Bedford MA 02740

$449,900

Estimated $1,115/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $224,950

Total Rent: 13200/year

Estimated CAP Rate:

6 Bedrooms

Baths

2214

Total Parking: 6 (2 Garage)

6,399 (0.15)

*Highest & Best Offers Due 4/24@ 5pm. Welcome to this stunning two-unit property in great condition with a 2-car garage set on a spacious oversized lot on the Dartmouth town line.The first floor three bedroom unit is currently vacant and move-in ready, perfect for an owner-occupant or a new tenant. The second floor two bedroom unit is currently rented, providing a steady stream of income for the new owner.The second floor unit features a beautifully renovated kitchen, adding modern and sleek touches to the home.The property features beautiful hardwood flooring throughout. The two-car garage with storage loft offers ample space for parking and storage, making it a great space for any hobbyist or homeowner looking for additional storage.The property has a generous sized yard, providing a perfect outdoor space for relaxation and entertainment. The yard is perfect for gardening or for those with pets, offering plenty of space for outdoor activities.

This home has been viewed 36 times

Last Checked: May 7th, 2024 at 6:31am (Source: MLS PIN #73099710)

Gross Income: $13,200

Gross Expenses: $4,624

Net Income Calc: $8,576

Annual Expenses for 197 Norwell St, New Bedford MA 02740

Total Gross Expenses (Calculated)$4,624/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4624

Annual Income & Unit Breakdown for 197 Norwell St, New Bedford MA 02740

Total Gross Income (Calculated)$13,200

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 197 Norwell St, New Bedford MA 02740

Listing ID73099710

Property TypeMulti Family / 2 Family

Price449900 ($203.21/SqFt)

Style2 Family - 2 Units Up/down

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total2214

Approximate Lot Size (Acres)0.15

Total Parking6 (2 Garage)

Garage Parking2

Year Built1923

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRB

Water Views

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 197 Norwell St, New Bedford MA 02740

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.

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 OnNet Sale Price

Financial Information for 197 Norwell St, New Bedford MA 02740

Real Estate Taxes4624

Tax Year2023

Assessed Value$323,600

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 197 Norwell St, New Bedford MA 02740

Neighborhood(s)

Area Amenities

Contact Information for 197 Norwell St, New Bedford MA 02740

Agent

Name: Nathan Sousa

Office

Name: Keller Williams South Watuppa

Phone: 508-677-3233

Payment Calculator

, Interest

Property Taxes 385.33

Principal & Interest 2772.14

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams South Watuppa

Nathan Sousa

Agent Phone

Office Phone

(508) 677-3233

Text Agent Call Agent Call Office

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    [unparsed] => 197 Norwell St, New Bedford MA 02740
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EXIT

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