Investment Analysis — 122 Princeton St

New Bedford, MA 02745

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 2-unit multi-family in 02745 carries an estimated $3,580/mo in gross rent — about a 5.38% cap rate and $27,955/yr in estimated NOI at the $519,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,214

Style

Multi Family

Built

1919

Welcome to this fantastic opportunity to own a great 2 Family in a desirable area of New Bedford! Just a block away from Brooklawn park, and just minutes away from the T-Station, schools, shops, restaurants, and highway access. This home has been well maintained throughout the years. Each unit features a spacious dining, and living room area with beautiful hardwood flooring, newer fixtures, 3 bedrooms, and 1 bathroom. First floors heating system is new, and both hot water tanks have been replaced as well. Roof is less than 10 years old. The home has a massive walk-up attic which has so much potential for a cottage set up, and additional living space. First floor unit will be delivered vacant at closing. Perfect for a homeowner occupant to just move on in or investor looking to add to their portfolio! Off street parking for multiple vehicles, and a nice size backyard. May not qualify for all types of financing. Open House Saturday October 3rd from 11am to 1pm. See you there!

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 MLS and other third-party data may be inaccurate or out of date.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.