Active Under Contract
19 Days on market
320 Davis Street New Bedford — Photo 1 of 42

320 Davis Street New Bedford — Photo 1 of 42

$709,000

Investment Analysis — 320 Davis Street

New Bedford, MA 02746

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 3-unit multi-family in 02746 carries an estimated $5,370/mo in gross rent — about a 6.00% cap rate and $42,575/yr in estimated NOI at the $709,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

9

Baths

3

SqFt

3,396

Style

3 Family - 3 Units Up/Down

Built

1910

Welcome to 320 Davis Street, a spacious 3-family offering 9 total bedrooms with 3 bedrooms in each unit. Features include hardwood floors, vinyl replacement windows, a full basement with full-size exterior door access, 3 laundry hookups, driveway parking for approximately 3 cars, fenced-in yard and storage shed. The first floor features central air, forced hot air by gas with a heating system approximately 5 years old, a dishwasher and bidet in the bathroom, and will be delivered vacant at closing making it an ideal opportunity for an owner-occupant! Lead-safe certificates are available for all 3 units. All kitchen appliances, including 3 refrigerators, will transfer with the sale. A great opportunity for an owner-occupant or investor with off-street parking and easy to maintain, fenced in backyard. OFFERS DUE Monday, August 31st by 6:00 PM.

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 MLS and other third-party data may be inaccurate or out of date.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$709,000
Annual Taxes$6,399

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms15
FireplacesNone
FlooringHardwood
BasementFull, Interior Entry, Concrete, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRC

Property & Lot

Acres0.07
SqFt Lot3,040
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Laundromat • Highway Access • House of Worship

Geography

Listing Provided By

Listing Agent: Melisa Gagne

Listing Office: RE/MAX Vantage

MLS® Number: 73567743