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 52 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
Water Views
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 Tax5959
Annual Income & Unit Breakdown for 232 Shaw St, New Bedford MA 02745
Total Gross Income (Calculated)$15,600
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
Lease
Bathrooms
Rent IncludesHeat
Unit 4
Rental Income$0
Lease
Bathrooms
Rent IncludesHeat
General Information for 232 Shaw St, New Bedford MA 02745
Listing ID73108651
Property TypeMulti Family / 5+ Family
Price549900 ($128.72/SqFt)
Style5-9 Family
CityNew Bedford
CountyBristol
Neighborhood(s)
Approximate Living Area Total4272
Approximate Lot Size (Acres)0.11
Total Parking9 (3 Garage)
Garage Parking3
Year Built1924
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area1484
Foundation Description
Accessible Features
Outdoor Space
ZoningRC
Water ViewsNo
Water Views Features
Waterfront 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
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 Compensation2.5
Facilitator Compensation0
Compensation Based OnNet Sale Price
Financial Information for 232 Shaw St, New Bedford MA 02745
Real Estate Taxes5959
Tax Year2023
Assessed Value$417,000
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 232 Shaw St, New Bedford MA 02745
Elementary SchoolLincoln
Middle SchoolNormandin
High SchoolNbhs/Voc
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 232 Shaw St, New Bedford MA 02745