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4-6 Grove St, New Bedford MA 02740

$499,999

Estimated $1,284/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $249,999.50

Total Rent: 45600/year

Estimated CAP Rate:

6 Bedrooms

Baths

3339

Total Parking: 6 (1 Garage)

3,807 (0.09)

Unicorn Alert! This LARGE 2 family features duplex style entrance and will be delivered completely vacant and comes with a 1 Car Garage and a driveway with plenty of parking for 4 additional cars. Both units have 3 bedrooms each, brand new kitchens and updated bathrooms 1 year ago, hardwood floors throughout, and a front porch to enjoy the outdoor air. Second floor unit has a 3rd floor, currently unfinished cottage style set-up with endless opportunities for additional space, as well as a large back deck to enjoy. Harvey replacement windows, a NEW ROOF, newer heating systems both gas units with radiant heat. (no space heaters) There is vinyl siding on the exterior and no grass to cut making this property easy to care for. You do not want to miss out on this unique and fantastic opportunity! Join us at the Open House Sunday, April 23rd 1:00-3:00. Highest and best offers due 8am Monday, April 24th

This home has been viewed 33 times

Last Checked: May 7th, 2024 at 7:31am (Source: MLS PIN #73101969)

Gross Income: $45,600

Gross Expenses: $5,676

Net Income Calc: $39,924

Water Views

Annual Expenses for 4-6 Grove St, New Bedford MA 02740

Total Gross Expenses (Calculated)$5,676/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5676

Annual Income & Unit Breakdown for 4-6 Grove St, New Bedford MA 02740

Total Gross Income (Calculated)$45,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 4-6 Grove St, New Bedford MA 02740

Listing ID73101969

Property TypeMulti Family / 2 Family

Price499999 ($149.75/SqFt)

Style2 Family - 2 Units Up/down

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total3339

Approximate Lot Size (Acres)0.09

Total Parking6 (1 Garage)

Garage Parking1

Year Built1922

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRA

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 4-6 Grove St, New Bedford MA 02740

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Appliances To Remain.

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 Compensation2-2.5

Facilitator Compensation1

Compensation Based OnNet Sale Price

Financial Information for 4-6 Grove St, New Bedford MA 02740

Real Estate Taxes5676

Tax Year2023

Assessed Value$397,200

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 4-6 Grove St, New Bedford MA 02740

Neighborhood(s)

Area Amenities

Contact Information for 4-6 Grove St, New Bedford MA 02740

Agent

Name: Melisa Gagne

Office

Name: RE/MAX Vantage

Phone: 508-999-4424

Payment Calculator

, Interest

Property Taxes 473

Principal & Interest 3080.83

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Vantage

Melisa Gagne

Agent Phone

Office Phone

(508) 999-4424

Text Agent Call Agent Call Office

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EXIT

39 More Photos