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.
Sold for $680,000 on 03/20/24
$680,000
7 Salisbury St, New Bedford, MA 02744
12beds
4,542sqft
5-9 Family
Built in 1909
-- sqft lot
$756,400 Zestimate®
$150/sqft
$1,728 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: March 21, 2024 at 02:22pm
Listed by:
Adam Jaspon,
EVO Real Estate Group, LLC
Bought with:
Nina Watson Weeks
Milbury and Company
Source: MLS PIN,MLS#: 73198738
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas
Cooling
- None
Features
- Living Room, Kitchen
- Flooring: Tile, Carpet
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,542
- Total interior livable area: 4,542 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Waterfront features: Beach Front, Ocean, 1/2 to 1 Mile To Beach
Lot
- Size: 3,459 sqft
- Features: Other
Details
- Parcel number: 1592,2884501
- Zoning: RC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1909
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Marina, Public School, T-Station, Sidewalks
Location
- Region: New Bedford
HOA & financial
Other financial information
- Total actual rent: 6000
Other
Other facts
- Road surface type: Paved