Active

71 Days on market

199-203 Austin St New Bedford — Photo 1 of 40

$649,900

Investment Analysis — 199-203 Austin St

New Bedford, MA 02740

Based on rent reported on the MLS listing, a 4-unit multi-family in 02740 carries $6,200/mo in gross rent — about a 7.79% cap rate and $50,606/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

4,000

Style

4 Family - 4 Units Up/Down

Built

1900

**BACK ON MARKET, BUYERS FINANCING FELL THROUGH!** RARE FOUR UNIT OPPORTUNITY! Welcome to Austin St! Newly Offered & Well Maintained 4000+ SF. 4 Unit in the Heart of NB! Incredible Investment Opportunity Offering Fully Fenced Green Backyard, Off Street Parking, Fully Vinyl Sided Maintenance Free Exterior - AND UNFINISHED 4TH FLOOR W/ MULTIPLE ROOMS & SPACE FOR A BATHROOM! MAKE A TOWNHOUSE UNIT W/ 3RD FLOOR, OR MAKE A 5TH UNIT? YOU DECIDE! TENANTS ARE AT WILL TENANTS & PAY ALL UTILITIES. Wonderful Investment Opportunity or Investor Alike! Perfect Location Tenant/Commuter, Just Minutes to Downtown NB, Highway Access, Shopping, Dining, Parks, Waterfront Etc. 3, 3, and 2 BR Units in Great Shape, 1 BR unit is Fair. DO NOT MISS Your Chance to Invest in Multi Family Property in a BOOMING City! ACT NOW!

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 MLS and other third-party data may be inaccurate or out of date.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