61 Chancery St, New Bedford, MA 02740
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$495,500
3 Unit
5 Beds
3 Baths
2021 SQFT
0.09 Acre

Property Description

This well-maintained 3-family property is currently fully rented, offering immediate cash flow and a solid foundation for your investment portfolio. The first and second units each offer 2 bedrooms and 1 bathroom. The third unit has 1 bedroom and 1 bathroom. Unit 1 and unit 3 has modern touches and recent updates. The backyard offers plenty of space for gatherings and entertaining guest. This Convenient West End location is close to shopping, restaurants, parks and a short drive to the highway. Now is your chance to own a piece of real estate in one of New Bedford's thriving neighborhoods.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full

Financial

  • APOD Available: No
  • Gross Operating Income: 46800
  • Gross Expenses: 1000
  • Water/Sewer: 1000
  • Net Operating Income: 45800

Utilities

  • Heat Zones: 3
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 3

Construction

  • Year Built: 1910
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73320661
  • Last Updated: 12/21/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/19/2024New$495,500$245MLSPIN
06/06/2023Sold$420,000$206MLSPIN
05/09/2023Under Agreement$409,900$201MLSPIN
04/25/2023Contingent$409,900$201MLSPIN
04/24/2023Back on Market$409,900$201MLSPIN
04/13/2023Contingent$409,900$201MLSPIN
04/10/2023Active$409,900$201MLSPIN
04/06/2023Price Change$409,900$201MLSPIN
03/27/2023Active$429,900$210MLSPIN
03/23/2023New$429,900$210MLSPIN

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Seller's Representative: Virginia Hicks, Real Broker Ma, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-12-21 19:06:00

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