A Rare Find in Fairhaven – Discover a fantastic opportunity with this two-family home located at 355 Alden Road in Fairhaven. Perfect for investors or 1st-time buyers, this property offers flexibility, comfort, and a desirable location. The spacious 1st-floor unit features two bedrooms with an open-concept layout that connects the living room, dining room, and kitchen, creating a warm and welcoming environment. A full bath completes the space. The second-floor unit is a cozy one-bedroom apartment currently occupied by a dependable tenant-at-will, generating $1,300 in monthly income. It's an excellent way to offset your mortgage or boost your investment portfolio. Nestled on a nearly half-acre lot—an uncommon find in this area—the backyard is an entertainer's dream. Imagine hosting barbecues, relaxing around the fire pit, or enjoying the peaceful surroundings with loved ones. This home offers unmatched potential whether you want to invest, downsize, or begin your homeownership journey.
This home has been viewed 79 times
Last Updated: January 18th, 2025 at 5:23am
Gross Income: $36,000
Gross Expenses: $3,849
Net Income Calc: $32,151
CAP Rate: 6.50%
Annual Expenses for 355 Alden Rd, Fairhaven MA 02719
Total Gross Expenses (Calculated)$3,849/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$3,849
Annual Income & Unit Breakdown for 355 Alden Rd, Fairhaven MA 02719
Total Gross Income (Calculated)$36,000
Unit 1
Rental Income1700
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income1300
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 355 Alden Rd, Fairhaven MA 02719
Listing ID73317058
Property TypeMulti Family
Price$494,800 ($256.64/SqFt)
Style
CityFairhaven
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total1,928 SqFt
Approximate Lot Size (Acres)0.34 acres
Total Parking10
Garage Parking
Year Built1938
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningRA
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 355 Alden Rd, Fairhaven MA 02719
Disclosures for 355 Alden Rd, Fairhaven MA 02719
Lead PaintUnknown
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$36,000
Total Net Income By Broker$36,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 355 Alden Rd, Fairhaven MA 02719
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation
Contact Information for 355 Alden Rd, Fairhaven MA 02719