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$1,495,000
8 Beds
- 8 Baths
8 full baths
4,655sqft
110 Eighth St, New Bedford, MA 02740
$1,495,000
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Multi Family
Built in 1850
$-- HOA
0.11 acre lot
$321/sq.ft
Description
Newly rebuilt 8-unit multifamily located in downtown New Bedford. Projected post-CO gross yield of approximately 10.6% based on projected monthly rent of approximately $13,300. Well suited for investors seeking a near-new construction asset with a clear path to stabilization.The property consists of 8 units, including 6 one-bedroom units and 2 studios. The building has undergone a full gut renovation with all-electric, high-efficiency systems throughout. Certificate of Occupancy is targeted for March, with lease-up expected shortly thereafter. Strong rental demand in the area.Renovations include new mechanical, electrical, plumbing, insulation, windows, and modern interio...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
5
County
City
Neighborhood
--
Year Built
1850
HOA Fees
-
Finished Area
4,655 sqft
Lot Size
0.11 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73469954
MLS Status
Active
Days on Market
18
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