CCertihomes
503-505 S 2nd St, New Bedford, MA 02744

$610,000

5 beds 3 baths 2,143 sqft Built 188912 days on marketActive

About this home

Investor Package Deal!! With this property you are getting two for the price of one. This is a wonderful opportunity to own a versatile 2-family and single family package deal! This property offers endless possibilities for both investors and owner-occupants alike. Outside, you'll find off-street parking, ensuring convenience, you'll have everything you need right at your fingertips. Whether you're looking to generate rental income or accommodate multi-generational living, The 2 family property has 2 bedrooms on each floor and the single family has 1 bedroom with a bonus room upstairs. Can also be purchased separately see disclosures.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$5,546/mo

Real estate (PITI + HOA + PMI)
$5,274
Principal + interest$3,934
Property tax + insurance$1,111
PMI / 2nd mortgage$229
Utilities
$531
Heating + cooling$104
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$132
Car insurance + maintenance$132
Other (entertainment)
$157
$5,546/mo TLC
Budget$6,046/mo
Remaining after TLC$500/mo
Purchase price
$610,000
Down payment
$30,500 (5%)
Loan amount
$579,500
APR
7.2%

Quick facts

Type
Multi Family
Style
Year built
1889
Lot size
Stories
3
Heating
Cooling
Water
Public
HOA
Annual tax
$5,724
MLS #
73233491
County
Bristol

At a glance

Basement

Home features

Community
Public TransportationShoppingParkLaundromatHouse of Worship
Parking
Paved DriveOff Street
Flooring
Tile, Carpet, Laminate
Roof
Shingle
Sewer
Public Sewer

Neighborhood — 02744

MetricThis ZIPCountyUSA
Population12,1786,444,931299,088,112
Population Change Since1990-10.00%7.00%20.00%
Population Density8,497786
Male5,9053,127,134147,432,321
Female6,2733,317,797151,655,844
Never Married3,2371,612,88563,775,926
Married4,3482,586,314123,120,365
Separated515247,85712,639,686
Widowed843363,59415,467,586
Divorced890436,88823,075,029
Number Of House Hold4,9552,431,591111,826,380
Average House Hold Size2.452.562.60
Medial Age34.0937.2535.46
Median House Hold Income$28,045$57,698$48,276
Average House Hold Income$37,508$75,023$63,629
P C I$15,567$29,196$24,529
M D I$25,369$48,105$41,133
A T H E$36,368$57,083$50,898
S T R5.00%5.00%
W C J74.54%81.38%77.74%
(Zip) Code
2744

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 5/6/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.