Active
10 Days on market
56 Independent St New Bedford — Photo 1 of 36

56 Independent St New Bedford — Photo 1 of 36

$587,700

Investment Analysis — 56 Independent St

New Bedford, MA 02744

Based on rent reported on the MLS listing, a 3-unit multi-family in 02744 carries $1,300/mo in gross rent — about a 1.15% cap rate and $6,739/yr in estimated NOI at the $587,700 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3

SqFt

3,024

Style

3 Family

Built

1903

Welcome to 56 Independent Street, New Bedford!Welcome home to this well-maintained three-family property offering a fantastic opportunity for both owner-occupants and investors!Each of the three units features:2 bedroomsSpacious eat-in kitchenComfortable and functional living spaceThe property has been well cared for and also features solar panels, adding another great feature to this multi-family home.A must-see property with so much potential! Schedule your showing and come see everything 56 Independent Street has to offer.

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 MLS and other third-party data may be inaccurate or out of date.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$587,700
Annual Taxes$5,117

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms18
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationOther
ZoningRC

Property & Lot

Acres0.06
SqFt Lot2,718
Lot FeaturesOther

Geography

Listing Provided By

Listing Agent: Paula Levasseur

Listing Office: Home Bound Realty

MLS® Number: 73570962