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156 Chestnut St, New Bedford MA 02740

$599,900

Estimated $1,375.15/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $149,975

Total Rent: 49800/year

Estimated CAP Rate: 7.50%

4 Bedrooms

4 Full Baths

2,220 SqFt

Total Parking: 4

5,001 SqFt

Fantastic opportunity to own a well maintained 4 unit in the west end of the city. The property features 2 studios, a 1 bedroom, and a 2 bedroom apartment. There is off street parking for up to 4 vehicles and a nice small backyard. Located close to downtown and easy access to the highway. Don't miss your chance to own this hard to find 4 family!

This home has been viewed 22 times

Last Checked: November 16th, 2024 at 5:19am (Source: MLS PIN #73290622)

Gross Income: $49,800

Gross Expenses: $4,829

Net Income Calc: $44,971

CAP Rate: 7.50%

Annual Expenses for 156 Chestnut St, New Bedford MA 02740

Total Gross Expenses (Calculated)$4,829/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,829

Annual Income & Unit Breakdown for 156 Chestnut St, New Bedford MA 02740

Total Gross Income (Calculated)$49,800

Unit 1

Rental Income$1,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,300

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,000

LeaseY

Bedrooms0

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$850

LeaseN

Bedrooms0

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 156 Chestnut St, New Bedford MA 02740

Listing ID73290622

Property TypeMulti Family / 4 Family

Price$599,900 ($270.23/SqFt)

Style4 Family

CityNew Bedford

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total2,220 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking4

Garage Parking

Year Built1909

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningRB

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 156 Chestnut 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$0

Total Gross Income By Broker$46,200

Total Net Income By Broker$46,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 156 Chestnut St, New Bedford MA 02740

Real Estate Taxes$4,829

Tax Year2024

Assessed Value$402,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$46,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$46,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.50%

Location Information for 156 Chestnut St, New Bedford MA 02740

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Park, Laundromat, Public Transportation

Contact Information for 156 Chestnut St, New Bedford MA 02740

Agent

Name: Team ROSO

Office

Name: RE/MAX Vantage

Phone: 774-992-0297

Team Members

Name: Brendon Botelho

Phone: 508-207-5484

Payment Calculator

, Interest

Property Taxes 402.42

Principal & Interest 3696.39

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Vantage

Team ROSO

Agent Phone

Office Phone

(774) 992-0297

Text Agent Call Agent Call Office

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[terms] => Array
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EXIT

Withdrawn

156 Chestnut St, New Bedford MA 02740

$599,900

Annual Expenses for 156 Chestnut St, New Bedford MA 02740

Annual Income & Unit Breakdown for 156 Chestnut St, New Bedford MA 02740

General Information for 156 Chestnut St, New Bedford MA 02740

Disclosures for 156 Chestnut St, New Bedford MA 02740

Financial Information for 156 Chestnut St, New Bedford MA 02740

Location Information for 156 Chestnut St, New Bedford MA 02740

Contact Information for 156 Chestnut St, New Bedford MA 02740

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

RE/MAX Vantage

Team ROSO