aisellshomes.space

$2,455,000

Active

5 Dover St

New Bedford, MA, 02740

Commercial · MLS #73537518

Days on market

18 days

Lot size

0.22 ac

0.22 acres

Lot

About this home

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.

Location

5 Dover St, New Bedford, MA, 02740

Property details

Parking
Off Site

Listed by Donald Sylvia · RE/MAX Vantage

Schedule a showing

5 Dover St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$15,892 / month

Down payment20% · $491,000
Interest rate6.50%

Loan term

Principal & interest
$12,414
Property tax
$2,455
Home insurance
$1,023

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

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