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58 Days on market
0 Kempton St (Ns) New Bedford — Photo 1 of 7

0 Kempton St (Ns) New Bedford — Photo 1 of 7

$399,000

Investment Analysis — 0 Kempton St (Ns)

New Bedford, MA 02740 — West

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a home in 02740 carries an estimated $1,160/mo in gross rent — about a 1.43% cap rate and $5,712/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.

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High Visibility Cleared & Manicured 17,847 square foot lot between both sides (Kempton & Mill streets) of Route 6 !!!! It is zoned mixed use business which accommodates commercial buildings or multi -family units with approvals. The value of a development-ready property is that the owner has eliminated one of the most time-consuming and expensive components of any project.. Approved for a 9 unit residential complex this exceptional parcel includes permits, municipal approvals, and professionally prepared plans and designs for a multifamily residential development, allowing a buyer to move toward construction with significantly reduced entitlement risk and development timelines.Ideally positioned on a convenient access road providing easy entry and exit to the downtown district. The property offers outstanding accessibility while remaining close to employment centers, shopping, restaurants, entertainment, public transportation, and major commuter routes. The location is well suited for today's growing demand for quality housing in vibrant urban settings.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$399,000
Annual Taxes$4,867

Parking

Garage0
Off-Street0

Interior Specifications

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BasementNone

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WaterAt Street
SewerAt Street

Building & Exterior

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ZoningMUB

Property & Lot

Acres0.41
SqFt Lot17,847
Lot FeaturesLevel, Corner Lot, Cleared, Curbs & Gutters, Sidewalks

Neighborhood

Public Transportation • Shopping • Medical Facility • House of Worship • Sidewalks

Geography

Listing Provided By

Listing Agent: Noble Vincent

Listing Office: Coastal Realty

MLS® Number: 73551061