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78 Nelson Street New Bedford, MA 02744
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Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 4,764 sqft
Price per Sqft $54
MLS Listing ID 72348371
Sold Date 09/20/18
Bedrooms 12
Full Baths 6
Half Baths 1
Year Built 1912
Annual Tax Amount $3,149
Tax Year 2018
Lot Size 3,049 Sqft
Acres 0.07
Property Description
SOUTH-SIDE 6 UNIT INVESTMENT PROPERTY - (6) 2 Bedroom Units. Gross rental income over $50,000 per year. Low operating expenses. Tenants pay their own utilities. This is one of the better investment properties on the market. Walking distance to all local shopping amenities. Property is in overall good condition. Vinyl exterior, replacement windows, all units have very large kitchens with built-in china hutch. Wood floors in bedrooms & living rooms. Off St parking for 2 vehicles. Large walk-up attic. Separate storage rooms in basement. Click on the paper-clip in MLS to see income and expense breakdown. Property can be sold as a package deal with 5 Bullard Street (6 Unit) & 171 Coffin Ave (6 Unit).
Location
State MA
County Bristol
Zoning RC
Direction GPS
Rooms
Basement Full
Interior
Appliance Gas Water Heater
Exterior
Community Features Public Transportation, Shopping, Walk/Jog Trails, Bike Path
Waterfront false
Waterfront Description Beach Front, Bay, Harbor, Ocean, 1/2 to 1 Mile To Beach
Parking Type Paved Drive
Garage No
Building
Lot Description Level
Story 9
Foundation Concrete Perimeter, Block, Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Others
Acceptable Financing Lease Back
Listing Terms Lease Back
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Bought with Robert F. Bono • Robert F. Bono Realty