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7 Salisbury Street

New Bedford, MA 02744
  • $675,000
  • STATUS: Under Agreement
  • MLS #: 73198738
Pending
UPDATED: 16 min ago
$675,000
  • 12
    BEDS
  • 0.08
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,542
    SQFT
  • $149
    $/SQFT
Type:
Multi-Family
Built:
1909
County:

School Ratings & Info

Listing courtesy of Adam Jaspon of EVO Real Estate Group, LLC.

Description

Turnkey cash-flowing asset ready to be added to your portfolio! All tenants in place for at least one year. Rents slightly below market which leaves room for value-add. The current owner has added a quality camera system to enhance security and management capabilities. Current management company has been in place since 2021 and is willing to continue with the new owner. This is a great property in a great location. Close to the ocean, Cisco Brewers-New Bedford, Downtown, and more. New Bedford is growing. Lock this asset up before the Train goes into service. You don't want to miss this!First Open House will be held this coming Tuesday, 2/6 from 2-3pm.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-03-03T23:03:57.44.
www.westcottproperties.com/homes/147193046
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7 Salisbury Street New Bedford, MA 02744

  • Price: $675,000
  • Status: Under Agreement
  • On Site: Days
  • Updated: 16 min ago
  • MLS #: 73198738
12
Beds
6
Baths
0
½ Baths
0.08
Acres
4,542
SQFT
$149
$/SQFT
1909
Built
County:
Bristol
Property Description
Turnkey cash-flowing asset ready to be added to your portfolio! All tenants in place for at least one year. Rents slightly below market which leaves room for value-add. The current owner has added a quality camera system to enhance security and management capabilities. Current management company has been in place since 2021 and is willing to continue with the new owner. This is a great property in a great location. Close to the ocean, Cisco Brewers-New Bedford, Downtown, and more. New Bedford is growing. Lock this asset up before the Train goes into service. You don't want to miss this!First Open House will be held this coming Tuesday, 2/6 from 2-3pm.
Exterior Features

Construction Materials Frame Covered Spaces 0 Exterior Features Porch Garage YN No Lot Features Other Open Parking YN Yes Parking Total 0 Patio And Porch Features Porch Road Frontage Type Public Road Surface Type Paved Roof Shingle Spa YN No Waterfront Features Beach FrontOcean1/2 to 1 Mile To Beach Waterfront YN No

Interior Features

Appliances Unit 1(RangeRefrigerator)Unit 2(RangeRefrigerator)Unit 3(RangeRefrigerator)Unit 4(RangeRefrigerator) Basement FullUnfinished Building Area Total 4542 Cooling Unit 1(None)Unit 2(None)Unit 3(None)Unit 4(None) Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring TileCarpet Foundation Details Stone Heat Units 6 Heating Unit 1(Gas)Unit 2(Gas)Unit 3(Gas)Unit 4(Gas) Heating YN Yes Interior Features Unit 1 Rooms(Living RoomKitchen)Unit 2 Rooms(Living RoomKitchen)Unit 3 Rooms(Living RoomKitchen)Unit 4 Rooms(Living RoomKitchen) Lead Paint Unknown Rooms Total 24

Property Features

Buyer Agency Compensation 2 Community Features Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityBike PathMarinaPublic SchoolT-StationSidewalks Contingency Pending P&S Disclosures Listing agent related to seller. Electric Individually Metered Electric Expense 336 Gross Income 72000 Home Warranty YN No Insurance Expense 5100 Net Operating Income 53026 Operating Expense 18974 Property Sub Type 5-9 Family Rent Includes Unit 1(Water)Unit 2(Water)Unit 3(Water)Unit 4(Water) Senior Community YN No Sewer Public Sewer Tax Annual Amount 5238.71 Tax Year 2023 Total Actual Rent 6000 Transaction Broker Compensation 2 Water Sewer Expense 2400 Water Source Public Year Built Details Actual Year Round Yes Zoning RC

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Adam Jaspon of EVO Real Estate Group, LLC: 617-517-9755.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-03-03T23:03:57.44.
 
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Westcott Properties
178 Broadway
Providence RI, 02903
Listing courtesy of Adam Jaspon of EVO Real Estate Group, LLC.