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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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5 Dover St , New Bedford, MA 02740
$2,455,000
Est. Payment: $5,455.56/mo
0 Bed
0 Bath
29103 Sqft
Status: Active | Days on site: 93
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AN3217 - FR800024
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House Description

Located in historic downtown New Bedford, near the city’s iconic cobblestone streets and just minutes from the Port of New Bedford, America’s #1 fishing port. This 99% rented multi-tenant commercial property offers a strong income-producing opportunity in one of the South Coast’s most recognizable waterfront markets. The property features multiple tenants and is being positioned at approximately a 7.17% cap rate based on seller-stated NOI. Convenient access to downtown amenities, the working waterfront, restaurants, services, and major routes. Buyer and buyer’s agent to perform all due diligence and verify all financials, rents, leases, expenses, zoning, use, and property information.

Highlights

Listed by Donald Sylvia , 774-263-1830 RE/MAX Vantage , 774-992-0297.

Property Type

Commercial Sale

Lot/Acreage
0.22

Year Built

1903

County

Bristol

Listing ID

73537518

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Legal Conforming
Roof:Rubber
Principal Interest
$5,456
Taxes
$2,950

Home Price

$2,455,000

Loan Details

30 yrs
%

Down Payment

20%
$491,000
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Monthly Price:
$5,455.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,455.56 $2,949.92 $0.00 $8,405.47
Yearly $65,466.67 $35,399.00 $0.00 $100,865.67
Total $1,964,000.00 $1,061,970.00 $0.00 $3,025,970.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (New Bedford, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.