0 Morton Ct, New Bedford, MA 02744

INCREDIBLE OPPORTUNITY FOR A SAVVY INVESTOR TO ACQUIRE 6 SEPARATE PROPERTIES AS A PACKAGE. THESE PROPERTIES WILL BE FULLY RENTED AT THE TIME OF CLOSING WITH MONTHLY INCOME AROUND $11,500. USING 30% OF THAT GROSS INCOME FOR EXPENSES MEANS THIS PACKAGE IS BEING LISTED AT A 9.61% CAP RATE!!!!! WITH 6 THREE BEDROOM UNITS, 9 TWO BEDROOM UNITS AND 2 ONE BEDROOM UNITS, MOST OF THESE PROPERTIES HAVE RECENTLY UNDERGONE A TOTAL TURNOVER AND RE-RENTING TO NEW, QUALITY SUBSIDIZED TENANTS. THERE ARE 3 THREE FAMILIES IN THE PACKAGE, 16 MORTON COURT, 28 ASHLEY STREET & 1272 PLEASANT STREET. THERE ARE ALSO 2 TWO FAMILIES IN THE PACKAGE, 385 COTTAGE STREET & 81 NORTH STREET. THE FINAL PROPERTY IS A 4 UNIT BUILDING LOCATED AT 235 ASHLEY BLVD. FULLY DE-LEADED WITH TENANTS PAYING THEIR OWN UTILITIES THIS IS TRULY A TURN KEY INVESTMENT PACKAGE WHERE ALL THE HARD WORK HAS BEEN DONE AND THE NEW OWNER SIMPLY HAS TO COLLECT THE $11,500 IN MONTHLY RENT!!!