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Multiple Family Home in New Bedford, Massachusetts

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1870 Purchase St

New Bedford, MA 02740

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$210,000 $876*
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Contact this seller Multiple Family Home 12 8 4776 1878 Bristol PCT2874



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Highlights and Description

  • Custom style construction
  • 4 stories
  • Built in 1878
  • Standard Electric heating system
  • City provided sewer/wastewater
  • 4-car Garage (attached)
  • In the City neighborhood
  • $800 estimated taxes (per quarter)
  • Average utilities: $25.00
CASH COW PAYS YOU AND FOR ITSELF! 8 unit apartment building, garage, 2 commercial store fronts in New Bedford Massachusetts area. I have very large 8 unit multi family in a commercial area on a heavily traveled street in city, there is a drive in garage underneath with 7 feet of clearance from floor to roof. Foundation size is 2563 sq. ft. and approx. living area is 4776 sq. ft. It also is zoned with two commercial store fronts. I think it is assessed around $262,600.00 for Fiscal Year 2011. I will hold Mortgage on this property if that is something you are interested in for 25% down and interest rate 1.5% higher than the lowest current commercial rate you can find. Also with option to refinance after 5 years or earlier with no prepayment penalties. And always remember CASH IS KING! I am also willing to trade this property for precious metals, ounces of gold or ounces of silver or a 1031 exchange, property on a heavily traveled route in either New Hampshire, Wisconsin, Oregon or down south. Come take a look and make an offer! I am going south.

http://www.newbedford-ma.gov/Assessors/RealProperty/ParcelDetail.cfm?PIDN=78%2096&CNO=1

call Ken @ (508) 977-9934
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 * Est. payment based on 20% down and a 30-year fixed rate mortgage of 4.75%

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