Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Canceled

2-4 Welcome St, New Bedford MA 02744

$650,000

Estimated $1,492/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $130,000

Total Rent: 60600/year

Estimated CAP Rate:

10 Bedrooms

Baths

4824

Total Parking: 0

2,966 (0.07)

ATTENTION INVESTORS! CASH COW!!! Fully occupied five unit building with two 1 bedroom units, two 2 bedroom units and one 4 bedroom unit. Low maintenance exterior and modern apartments with separate utilities. Nothing to do but sit back and collect the rents.

This home has been viewed 39 times

Last Checked: May 7th, 2024 at 9:06am (Source: MLS PIN #73129582)

Gross Income: $60,600

Gross Expenses: $5,254

Net Income Calc: $55,346

Annual Expenses for 2-4 Welcome St, New Bedford MA 02744

Total Gross Expenses (Calculated)$5,254/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5254

Annual Income & Unit Breakdown for 2-4 Welcome St, New Bedford MA 02744

Total Gross Income (Calculated)$60,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 2-4 Welcome St, New Bedford MA 02744

Listing ID73129582

Property TypeMulti Family

Price650000 ($134.74/SqFt)

Style5+ Family - 5+ Units Up/down

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total4824

Approximate Lot Size (Acres)0.07

Total Parking0

Garage Parking0

Year Built1906

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRC

Water Views

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 2-4 Welcome St, New Bedford MA 02744

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Exclusions.

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 Compensation1

Compensation Based OnNet Sale Price

Financial Information for 2-4 Welcome St, New Bedford MA 02744

Real Estate Taxes5254

Tax Year2023

Assessed Value$367,700

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 2-4 Welcome St, New Bedford MA 02744

Neighborhood(s)

Area Amenities

Contact Information for 2-4 Welcome St, New Bedford MA 02744

Agent

Name: James Higgins

Office

Name: Higgins Real Estate

Phone: 508-951-7580

Payment Calculator

, Interest

Property Taxes 437.83

Principal & Interest 4005.09

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Higgins Real Estate

James Higgins

Agent Phone

Office Phone

(508) 951-7580

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.07 acres (2,966 SqFt)
    [add_date] => 2024-05-07 09:06:02
    [address] => Welcome St
    [agent] => Array
        (
            [address] => 26 Randall Road
            [city] => Mattapoisett
            [id] => CT000114
            [name] => James Higgins
            [national_association] => 451502395
            [office] => AN2705
            [state] => MA
            [zip] => 02739
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 4824
    [approx_lot_size_acres] => 0.07
    [approx_lot_size_sqft] => 2966
    [assessed_value] => $367,700
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
        )

[bathrooms] => 
    [bedrooms] => 10
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => New Bedford
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Bristol
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => ATTENTION INVESTORS! CASH COW!!! Fully occupied five unit building with two 1 bedroom units, two 2 bedroom units and one 4 bedroom unit. Low maintenance exterior and modern apartments with separate utilities. Nothing to do but sit back and collect the rents.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => .
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 1
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
            [0] => River
        )

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 09:06:02
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73129582
    [neighborhoods] => 
    [net_income_calc] => 55346
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 5
    [office] => Array
        (
            [id] => AN2705
            [name] => Higgins Real Estate
            [phone] => 508-951-7580
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 650000
    [price_per_sqft] => 134.74
    [price_per_unit] => 130000
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 5+ Family - 5+ Units Up/down
        )

[real_estate_tax] => 5254
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 21
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Canceled
        )

[street_number] => 2-4
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2023
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 5254
    [total_gross_income] => 60600
    [total_parking] => 0
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 2
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 1
    [unit_2_floor] => 1
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 4
    [unit_3_floor] => 2
    [unit_3_lease] => Array
        (
            [0] => N
        )

[unit_3_levels] => 1
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 1 Full
    [unit_4_bedrooms] => 2
    [unit_4_floor] => 3
    [unit_4_lease] => Array
        (
            [0] => Y
        )

[unit_4_levels] => 1
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 2-4 Welcome St, New Bedford MA 02744
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 
    [waterfront_features] => Array
        (
            [0] => River
        )

[year_built] => 1906
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 02744
    [zips] => 
    [zoning] => RC
    [zoning_details] => 
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/346068/MLS1.jpg
            [1] => https://media.mlspin.com/photo.aspx?mls=73129582&w=1024&h=768&n=2
            [2] => https://media.mlspin.com/photo.aspx?mls=73129582&w=1024&h=768&n=3
            [3] => https://media.mlspin.com/photo.aspx?mls=73129582&w=1024&h=768&n=4
            [4] => https://media.mlspin.com/photo.aspx?mls=73129582&w=1024&h=768&n=5
            [5] => https://media.mlspin.com/photo.aspx?mls=73129582&w=1024&h=768&n=6
            [6] => https://media.mlspin.com/photo.aspx?mls=73129582&w=1024&h=768&n=7
            [7] => https://media.mlspin.com/photo.aspx?mls=73129582&w=1024&h=768&n=8
        )

[raw] => 
)

EXIT

6 More Photos

Canceled

2-4 Welcome St, New Bedford MA 02744

$650,000

Annual Expenses for 2-4 Welcome St, New Bedford MA 02744

Annual Income & Unit Breakdown for 2-4 Welcome St, New Bedford MA 02744

General Information for 2-4 Welcome St, New Bedford MA 02744

Disclosures for 2-4 Welcome St, New Bedford MA 02744

Financial Information for 2-4 Welcome St, New Bedford MA 02744

Location Information for 2-4 Welcome St, New Bedford MA 02744

Contact Information for 2-4 Welcome St, New Bedford MA 02744

Agent

Office

Payment Calculator

Exclusive Listing Agent

Higgins Real Estate

James Higgins