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Adam Dow

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

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86 Beetle St , New Bedford, MA 02746
$749,000
Est. Payment: $1,664.44/mo
6 Bed
6 Bath
4599 Sqft
Status: New | Days on site: 0
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AN0339 - A8001437
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House Description

A great opportunity to add a fully occupied, income-producing six-family to your investment portfolio. The property consists of six 2-bedroom, 1-bath units, offering a total of 12 bedrooms and 6 baths, with established paying tenants already in place.The building underwent an extensive renovation in 2021, with improvements throughout the property including updated plumbing, electrical and heating systems, renovated kitchens and baths, granite countertops, LVP flooring, updated finishes and bright, modern interiors. A new roof was installed in 2020, taking care of another major capital improvement.The property also features coin-operated laundry in the basement, providing an additional source of income and a convenient amenity for residents. Outside, there is a driveway for off-street parking and a small yard.For an investor, the appeal is simple—the heavy lifting has already been done. Major systems and finishes have been updated, the units are occupied, and rental income is already being generated. This is an opportunity to step into an established multifamily property rather than taking on a building that requires extensive renovations before it can perform.Conveniently located in New Bedford with access to major highways, public transportation, shopping, restaurants, schools, medical facilities and downtown New Bedford, making it a practical location for continued rental demand.Whether you're looking to expand an existing portfolio or add a substantial multifamily asset, this property offers a strong combination of size, condition, existing occupancy and income potential.Fully occupied. Minimum 48-hour notice required for all showings.

Highlights

Listed by Becky Lynn Rosen , Rosen Property Management, Inc. , 508-673-7900.

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

1903

County

Bristol

Listing ID

73579201

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:6
  • Full Bathrooms:6
Appliances:Range
Floor:Vinyl
Other:
  • Additional:Living Room, Kitchen
Water:Public

Exterior Features

Garage Capacity:2
Zoning:RC
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Driveway,Paved,Parking Spaces: 2
Principal Interest
$1,664
Taxes
$538

Home Price

$749,000

Loan Details

30 yrs
%

Down Payment

20%
$149,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,664.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,664.44 $538.33 $0.00 $2,202.78
Yearly $19,973.33 $6,460.00 $0.00 $26,433.33
Total $599,200.00 $193,800.00 $0.00 $793,000.00

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.