This Property is No Longer Available
25 Homer St, New Bedford, MA 02740
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$399,000
2 Unit
4 Beds
3 Baths
2228 SQFT
0.06 Acre

Property Description

Discover the perfect opportunity for remodeling and flipping in this charming 2-family home located in a serene neighborhood near Downtown New Bedford and the new commuter rail station. With its cottage-style setup and ample curb appeal, this property offers endless potential for sweat equity. The exterior boasts vinyl siding, replacement windows, and a 10-year-old roof, while the interior features spacious rooms with high ceilings and hardwood floors. Each floor has separate electric and gas heat, with off-street parking for 2 cars and a private fenced-in backyard. The second floor is vacant, providing an ideal canvas for renovation, while the first floor currently has a long-term tenant at will. Enjoy being part of the city's revitalization with easy access to attractions like the Whaling Museum, Zeiterion Theatre, BCC Campus, restaurants, shops, art galleries, and the new commuter walking bridge and rail. Schedule your appointment to view this promising investment opportunity today!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Basement Features: Full, Interior Access, Unfinished Basement, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Heated Attic, Pantry, Storage, Walk-Up Attic
  • Common Appliances: Dryer, Range, Refrigerator, Washer
  • Common Heating: Central Heat, Electric, Electric, Extra Flue, Forced Air, Gas, Heat Pump, Space Heater
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 4800
  • Net Operating Income: 4800

Utilities

  • Heat Zones: 3
  • Electric Info: 100 Amps, Circuit Breakers, Other (See Remarks), Underground
  • Energy Features: Insulated Doors, Insulated Windows, Storm Doors, Storm Windows
  • Utility Connections: for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1906
  • Construction Type: Aluminum, Frame
  • Foundation Info: Irregular
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73232892
  • Last Updated: 05/17/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/10/2024Under Agreement$399,000$179MLSPIN
05/07/2024Active$399,000$179MLSPIN
05/03/2024New$399,000$179MLSPIN

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Seller's Representative: Richard Trapilo, Coastal Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-05-17 11:44:00

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