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Closed

496 Nash Rd, New Bedford MA 02746

$449,000

Estimated $1,171.44/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $149,666.67

Total Rent: 43800/year

Estimated CAP Rate: 8.57%

3 Bedrooms

2 Full, 1 Half Baths

2,518 SqFt

Total Parking: 4

5,001 SqFt

Fully rented, two residential units, once commercial unit, all on leases. Property is a corner location fenced in yard, Parking off street, around the corner and walking distance to the new train. New roof, heating system, electrical updated, new water heaters as well as furnaces. Good net rental income.

This home has been viewed 18 times

Last Checked: May 7th, 2024 at 6:41am (Source: MLS PIN #73051494)

Gross Income: $43,800

Gross Expenses: $5,320

Net Income Calc: $38,480

CAP Rate: 8.57%

Annual Expenses for 496 Nash Rd, New Bedford MA 02746

Total Gross Expenses (Calculated)$5,320/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,320.64

Annual Income & Unit Breakdown for 496 Nash Rd, New Bedford MA 02746

Total Gross Income (Calculated)$43,800

Unit 1

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 2(water)

Unit 2

Rental Income$1,300

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 2(water)

Unit 3

Rental Income$850

LeaseY

Bedrooms0

Bathrooms1 Half

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 2(water)

General Information for 496 Nash Rd, New Bedford MA 02746

Listing ID73051494

Property TypeMulti Family / 3 Family

Price$449,000 ($178.32/SqFt)

Style3 Family

CityNew Bedford

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total2,518 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking4

Garage Parking

Year Built1924

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame, Stone

Lot FeaturesCorner Lot

Foundation Area984

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningMUB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 496 Nash Rd, New Bedford MA 02746

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure2nd floor apartment, 1st floor office/retail, deta

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$8,730

Total Gross Income By Broker$43,800

Total Net Income By Broker$35,700

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 496 Nash Rd, New Bedford MA 02746

Real Estate Taxes$5,320.64

Tax Year2021

Assessed Value$223,700

Financial Data SourceOwner

Total Gross Expenses By Broker$8,730

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$43,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$35,700

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.57%

Location Information for 496 Nash Rd, New Bedford MA 02746

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Public Transportation

Contact Information for 496 Nash Rd, New Bedford MA 02746

Agent

Name: Margaret A Sweet

Office

Name: Sweet Property

Phone: 508-965-3623

Payment Calculator

, Interest

Property Taxes 443.39

Principal & Interest 2766.6

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Sweet Property

Margaret A Sweet

Agent Phone

Office Phone

(508) 965-3623

Text Agent Call Agent Call Office

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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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[road_frontage_type] => Array
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[style] => Array
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[uffi] => Array
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EXIT

Closed

496 Nash Rd, New Bedford MA 02746

$449,000

Annual Expenses for 496 Nash Rd, New Bedford MA 02746

Annual Income & Unit Breakdown for 496 Nash Rd, New Bedford MA 02746

General Information for 496 Nash Rd, New Bedford MA 02746

Disclosures for 496 Nash Rd, New Bedford MA 02746

Financial Information for 496 Nash Rd, New Bedford MA 02746

Location Information for 496 Nash Rd, New Bedford MA 02746

Contact Information for 496 Nash Rd, New Bedford MA 02746

Agent

Office

Payment Calculator

Exclusive Listing Agent

Sweet Property

Margaret A Sweet