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Property profile & analytics
FOR SALE
Apartment buildings

50-52 Princeton St New Bedford, MA 02745

Built 1909
Property ID
US38-1545391
Property summary
AI-generated overview

Attention investors! Well-maintained 4-family located near Brooklawn Park in New Bedford. The first and second floors each offer spacious 3-bedroom, 1-bath units, while the third and fourth floors feature 1-bedroom units. All units are lead certified, and all appliances are owned by the landlord. With below-market rents, this property offers excellent upside potential for increased cash flow. Conveniently located near parks, schools, shopping, major highways, the downtown waterfront, and the new South Coast Rail commuter service providing direct access to Boston, this is a turnkey investment opportunity in one of New Bedford's growing rental markets. bikeScore: 57, Bikeable walkScore: 92, Walker's Paradise transitScore: 37, Some Transit

Property profile
Verified
Property type Apartment buildings
Year built 1909
UPID US38-1545391
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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