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232 Shaw St, New Bedford MA 02745

$549,900

Estimated $1,388.24/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $91,650

Total Rent: 15600/year

Estimated CAP Rate: 1.75%

6 Bedrooms

6 Full Baths

4,272 SqFt

Total Parking: 9 (3 Garage)

4,800 SqFt

OH Cancelled, Offer Accepted **WELL MAINTAINED** Newly Offered 4200+ S.F. SIX FAMILY building in the North End of New Bedford. Fantastic investment property w/ LOTS of updates: NEW Roof (2021), NEW Front Porch (2021), 4 NEWER Water Heaters & Updated Electrical. Located in a Quiet Neighborhood & Just Minutes to Brooklawn Park, this property offers Ample Off Street 4+ Car Parking w/ Detached 3 Car Garage as well. Maintenance Free Fully Vinyl Sided Exterior w/ 3 Levels - Featuring 6 Spacious & Fully Applianced 1 Bedroom Apartments w/ Living Room, Kitchen & Bath. Long term ownership & tenants, rents well below market value, all TAW paying their own utilities except water & sewer. Invest in New Bedford - Centrally Located to Highway, Shopping & Close in proximity to Upcoming MBTA Commuter Rail! DO NOT let this one slip away!

This home has been viewed 31 times

Last Checked: May 7th, 2024 at 6:45am (Source: MLS PIN #73108651)

Gross Income: $15,600

Gross Expenses: $5,959

Net Income Calc: $9,641

CAP Rate: 1.75%

Annual Expenses for 232 Shaw St, New Bedford MA 02745

Total Gross Expenses (Calculated)$5,959/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,959

Annual Income & Unit Breakdown for 232 Shaw St, New Bedford MA 02745

Total Gross Income (Calculated)$15,600

Unit 1

Rental Income$650

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$650

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 232 Shaw St, New Bedford MA 02745

Listing ID73108651

Property TypeMulti Family / 5+ Family

Price$549,900 ($128.72/SqFt)

Style5-9 Family

CityNew Bedford

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total4,272 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking9 (3 Garage)

Garage Parking3 / Detached

Year Built1924

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Other, Cleared

Foundation Area1484

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRC

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 232 Shaw St, New Bedford MA 02745

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 Compensation2.5

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 232 Shaw St, New Bedford MA 02745

Real Estate Taxes$5,959

Tax Year2023

Assessed Value$417,000

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)1.75%

Location Information for 232 Shaw St, New Bedford MA 02745

Elementary SchoolLincoln

Middle SchoolNormandin

High SchoolNbhs/Voc

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Laundromat, Public Transportation

Contact Information for 232 Shaw St, New Bedford MA 02745

Agent

Name: Adam Walorz

Office

Name: Today Real Estate, Inc.

Phone: 508-967-5059

Payment Calculator

, Interest

Property Taxes 496.58

Principal & Interest 3388.31

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Today Real Estate, Inc.

Adam Walorz

Agent Phone

Office Phone

(508) 967-5059

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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    [zip] => 02745
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EXIT

Closed

232 Shaw St, New Bedford MA 02745

$549,900

Annual Expenses for 232 Shaw St, New Bedford MA 02745

Annual Income & Unit Breakdown for 232 Shaw St, New Bedford MA 02745

General Information for 232 Shaw St, New Bedford MA 02745

Disclosures for 232 Shaw St, New Bedford MA 02745

Financial Information for 232 Shaw St, New Bedford MA 02745

Location Information for 232 Shaw St, New Bedford MA 02745

Contact Information for 232 Shaw St, New Bedford MA 02745

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