Overview Property Details Payment Calculator Walkability

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65 Hillman St, New Bedford MA 02740

$1,220,000

Estimated $2,355.22/month Calculator

Multi Family

Total Units: 11

Price Per Unit: $110,909.09

Total Rent: 129600/year

Estimated CAP Rate: 10.25%

15 Bedrooms

10 Full Baths

8,596 SqFt

Total Parking: 2 (1 Garage)

11 rental incomes for sale at $1.22mm, comprised of 4 buildings: 65 Hillman Street & detached garage, 629 (5 units) & 623 (stand alone unit) Purchase St. (includes coin-op laundry). Tenants pay all of their own utilities. Many upgrades including newer architectural &...

This home has been viewed 83 times

Last Checked: December 17th, 2024 at 5:18am (Source: MLS PIN #73313352)

Gross Income: $129,600

Gross Expenses: $4,524

Net Income Calc: $125,076

CAP Rate: 10.25%

Beach Front

Annual Expenses for 65 Hillman St, New Bedford MA 02740

Total Gross Expenses (Calculated)$4,524/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,524

Annual Income & Unit Breakdown for 65 Hillman St, New Bedford MA 02740

Total Gross Income (Calculated)$129,600

Unit 1

Rental Income$4,650

LeaseY

Bedrooms8

Bathrooms4 Full

Floor1

Levels in Unit3

HeatingNo

Rent Includes

Unit 2

Rental Income$5,350

LeaseY

Bedrooms6

Bathrooms5 Full

Floor1

Levels in Unit3

HeatingNo

Rent Includes

Unit 3

Rental Income$800

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 65 Hillman St, New Bedford MA 02740

Listing ID73313352

Property TypeMulti Family / 5+ Family

Price$1,220,000 ($141.93/SqFt)

Style5-9 Family

CityNew Bedford

CountyBristol

MLS AreaCenter

Neighborhood(s)

Approximate Living Area Total8,596 SqFt

Approximate Lot Size (Acres)0

Total Parking2 (1 Garage)

Garage Parking1 / Detached

Year Built1850

Year Built SourceOwner

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame, Brick, Block

Lot FeaturesLevel

Foundation Area

Foundation DescriptionConcrete Perimeter,Granite

Accessible Features

Outdoor Space

ZoningRC

Zoning Details

Water Views

Water Views Features

WaterfrontNo

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

Energy Features

Terms

Disclosures for 65 Hillman St, New Bedford MA 02740

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureBroker/Owner. $129,600 gross income.

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$129,600

Total Net Income By Broker$129,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 65 Hillman St, New Bedford MA 02740

Real Estate Taxes$4,524

Tax Year2024

Assessed Value$377,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$129,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$129,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)10.25%

Location Information for 65 Hillman St, New Bedford MA 02740

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaCenter

Area AmenitiesSidewalks

Contact Information for 65 Hillman St, New Bedford MA 02740

Agent

Name: Nick Helgesen

MLS ID: A9500513

Office ID: AC1854

National Association ID: 453500275

Address: 11 Cleveland Street

City: South Dartmouth

State: MA

Zip: 02748

Office

Name: Better Living Real Estate, LLC

MLS Office ID: AC1854

Phone: 781-821-0105

Payment Calculator

$7,894.25 per month

30 Years Fixed, 6.75% Interest

Property Taxes $377.00

Principal & Interest $7,517.25

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Better Living Real Estate, LLC

Nick Helgesen

Agent Phone

Office Phone

(781) 821-0105

Text Agent Call Agent Call Office

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    [description] => 11 rental incomes for sale at $1.22mm, comprised of 4 buildings: 65 Hillman Street & detached garage, 629 (5 units) & 623 (stand alone unit) Purchase St. (includes coin-op laundry). Tenants pay all of their own utilities. Many upgrades including newer architectural & rubber membrane roofs, high efficiency mini-splits (all Purchase St. units), replacement windows, circuit breakers, rehabbed interiors, new oil tank. Letter of Full Initial Lead Inspection Compliance for 65 Hillman St. 3rd floor apartment & common areas in hand. Properties feature desirable downtown locations close to restaurants, shops, museums & MBTA station. All public utilities, all units fully applianced, separated electrical services, fully fenced private yards. Please see other listings.
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EXIT

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65 Hillman St, New Bedford MA 02740

$1,220,000

Annual Expenses for 65 Hillman St, New Bedford MA 02740

Annual Income & Unit Breakdown for 65 Hillman St, New Bedford MA 02740

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Financial Information for 65 Hillman St, New Bedford MA 02740

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Contact Information for 65 Hillman St, New Bedford MA 02740

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Exclusive Listing Agent

Better Living Real Estate, LLC

Nick Helgesen