15 Penniman Street

New Bedford, MA 02740

$430,000
Last Sold Price
8
Beds
3
Baths
2,950 Sq. Ft.
$146 / Sq. Ft.
2,950
Sq. Ft.
$146
per Sq. Ft.

Description

3-Family home is located in the Center District of New Bedford and offers off street parking, green space, excellent highway access, and privacy buffers on the North & East sides. This investment is priced to sell and is professionally managed buy the present owner. Present rents are below market and include an on site maintenance manager - The property is not expected to last given its location. All tenants are presently being vacated, the seller is covering all expenses. Rents listed in this listing...3-Family home is located in the Center District of New Bedford and offers off street parking, green space, excellent highway access, and privacy buffers on the North & East sides. This investment is priced to sell and is professionally managed buy the present owner. Present rents are below market and include an on site maintenance manager - The property is not expected to last given its location. All tenants are presently being vacated, the seller is covering all expenses. Rents listed in this listing are based on recent comparable leased units.
  1. Listed by Jason P. Lanagan • Lanagan & Co

Property Details for 15 Penniman Street

Town
New Bedford
MLS Area
Center
Area
MA-New Bedford-Center, MA-New Bedford
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6
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LISTING UPDATED: 04/12/2023 03:18 PM

Property Details for 15 Penniman Street

StatusSold
MLS #73072233
Days on Market28
Taxes$3,801 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1881
CountyBristol County
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Building Information for 15 Penniman Street

Stories6Residences3Year Built1881Building Size-Lot Size0.12 AC / 5,153 SF

Payment Calculator

$2,663 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,347

Property Taxes

$317

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15 Penniman Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School
  • Current Financing: FHA
  • Living Area: 2950.0
  • Color: Tan
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Hayden-Mcfadden
  • High School: Nbhs
  • Middle School: Keith
Features
Interior Features
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections Varies per Unit
  • Basement Features: Full
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Vinyl, Carpet
  • Interior Features: Storage, Other (See Remarks)
  • Interior Features: Other (See Remarks)
  • Laundry Features: Washer & Dryer Hookup
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: City View(s), Fenced Yard
  • Fencing: Fenced
  • Lot Description: Cleared
  • Roof Material: Shingle
  • View: City
  • View: Yes
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: 100 Amp Service
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Oven, Varies per Unit
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:0084 L:0058,2897121
  • Assessments: $266,000
  • Book: 12289
  • Tax Year: 2023
  • Zoning: MUB
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Granite
Income / Expenses
  • GOI: $23,400.00
  • NOI: $23,400.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,350.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 15 Penniman Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15 Penniman Street

Taxable ValueLand$78,400Additions$275,500Total$353,900
Tax Record2024$4,247 ($354 / month)
Home Facts
Baths4Total Finished SqFt2,809 SqFtAbove Grade Finished SqFt2,809 SqFtUnfinished Basement SqFt1,194 SqFtStories2Lot Size5,153 SqFtStyleTriplexYear Built1881ZoningMUBCountyBRISTOLAPNNEWB M:0084 L:0058

Schools near 15 Penniman Street

This home is within New Bedford School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 4 to 12
Rating
School
Distance
Hayden/Mcfadden
PublicPK to 5

Keith Middle School
Public6 to 8

New Bedford High School
Public9 to 12

Trinity Day Academy
Public4 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lanagan & Co, Jason P. Lanagan

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.