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206 155 County & Purchase Street
New Bedford, MA 02740
Asking Price
$990K
Asset Type
Apartment Building Retail
Class
Class B
What's Special
Potential 16 Unit condo development site with 1st fl garage parking <p>Proposed 16-unit residential development</p><p>Potential for apartment or condominium conversion</p><p>First-floor parking garage design</p><p>Additional on-site parking included</p><p>206 County Street: 6,912 SF</p><p>155 Purchase Street: 3,520 SF</p><p>Combined total size: 10,432 SF</p><p>Prime infill development opportunity</p><p>Convenient access to downtown, shopping, dining, and waterfront</p><p>Strong location for rental or for-sale residential product</p><p>Ideal for developers seekin
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NOI
$80,000
Cap Rate
8.08%
DSCR
1.36
Strong
Cash-on-Cash
7.15%
Monthly Payment
$4,897.98
Annual Cash Flow
$21,224.242
