Overview Property Details Payment Calculator Walkability

Active

147 8th St, New Bedford MA 02740

$1,300,000

Estimated $2,617.86/month Calculator

Multi Family

Total Units: 17

Price Per Unit: $76,470.59

Total Rent: 20880/year

Estimated CAP Rate: 1.14%

17 Bedrooms

7 Full, 1 Half Baths

5,729 SqFt

Total Parking: 0

4,356 SqFt

SELLER FINANCING(only as 1st mortgage) AVAILABLE WITH 50% DOWN. Currently operating as a licensed 17 unit rooming house in close proximity to the train station, downtown amenities, shopping, medical, highway, schools & much more! This gorgeous property features 7 1/2 ba...

This home has been viewed 87 times

Last Checked: June 7th, 2025 at 5:23am (Source: MLS PIN #73269285)

Gross Income: $20,880

Gross Expenses: $6,119

Net Income Calc: $14,761

CAP Rate: 1.14%

Beach Front

Annual Expenses for 147 8th St, New Bedford MA 02740

Total Gross Expenses (Calculated)$6,119/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,119

Annual Income & Unit Breakdown for 147 8th St, New Bedford MA 02740

Total Gross Income (Calculated)$20,880

Unit 1

Rental Income$880

LeaseN

Bedrooms1

Bathrooms

Floor1

Levels in Unit1

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water), Unit 2(heat

Unit 2

Rental Income$860

LeaseN

Bedrooms1

Bathrooms

Floor1

Levels in Unit1

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water), Unit 2(heat

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water), Unit 2(heat

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water), Unit 2(heat

General Information for 147 8th St, New Bedford MA 02740

Listing ID73269285

Property TypeMulti Family

Price$1,300,000 ($226.92/SqFt)

Style5+ Family - Rooming House

CityNew Bedford

CountyBristol

MLS AreaCenter

Neighborhood(s)

Approximate Living Area Total5,729 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking0

Garage Parking

Year Built1870

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping, Cleared

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor SpacePorch

ZoningMUB

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Beach Front, Beach Ownership(public), 1 To 2 Mile To Beach

Energy Features

Terms

Disclosures for 147 8th St, New Bedford MA 02740

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$46,000

Total Gross Income By Broker$193,000

Total Net Income By Broker$142,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 147 8th St, New Bedford MA 02740

Real Estate Taxes$6,119

Tax Year2024

Assessed Value$509,900

Financial Data Source

Total Gross Expenses By Broker$46,000

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$193,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$142,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.14%

Location Information for 147 8th St, New Bedford MA 02740

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaCenter

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Public Transportation, Marina, Private School

Contact Information for 147 8th St, New Bedford MA 02740

Agent

Name: Janice Hathaway

MLS ID: FR000528

Office ID: AN8181

National Association ID: 453500351

Address: 201 Richmond Street

City: New Bedford

State: MA

Zip: 02740

Office

Name: Venture

MLS Office ID: AN8181

Phone: 617-340-9770

Payment Calculator

$8,520.11 per month

30 Years Fixed, 6.75% Interest

Property Taxes $509.92

Principal & Interest $8,010.19

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Venture

Janice Hathaway

Agent Phone

Office Phone

(617) 340-9770

Text Agent Call Agent Call Office

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EXIT

Active

147 8th St, New Bedford MA 02740

$1,300,000

Annual Expenses for 147 8th St, New Bedford MA 02740

Annual Income & Unit Breakdown for 147 8th St, New Bedford MA 02740

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Financial Information for 147 8th St, New Bedford MA 02740

Location Information for 147 8th St, New Bedford MA 02740

Contact Information for 147 8th St, New Bedford MA 02740

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Venture

Janice Hathaway