About This Home

This 0-bedroom, 0-bathroom single family at 5 Dover St in New Bedford, MA is listed for $2,455,000 ($84 per sqft). Built in 1903, the home offers 29,103 sqft of living space on a 0.22 acres lot.

Key Features

  • Built in 1903
  • 0.22 acre lot

Property Details

1903
Listing 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.

Monthly Cost Estimate

$13,130/mo

20% down · 6.5% · 30 years

Principal$1,775
Interest$10,638
Insurance$716

Estimates only. Actual payments may vary.

Location

5 Dover St

New Bedford, MA 02740

Questions & Answers

This 0-bedroom, 0-bathroom single family at 5 Dover St is listed at $2,455,000 ($84/sqft). The estimated monthly payment is $13,130 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1903, 0.22 acre lot.

This property is listed by Eddie Lopez and can be reached at (508) 999-4424.

EL

Eddie Lopez

Agent at RE/MAX Vantage

(508) 999-4424

Listed by RE/MAX Vantage

MLS# 73537518· Source: listhub· 16 days on market

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5 Dover St, New Bedford, MA 02740

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