110 8th St
$650,000
8
Beds
8
Baths
4,490
Sqft
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$650,000
8
Beds
8
Baths
4,490
Living Area
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Property Description
Exceptional Investment Opportunity – APPROVED 8-Unit Development Site in Prime Downtown New Bedford. Presenting a rare chance to secure a fully approved multi-family development in the heart of historic downtown New Bedford, Massachusetts. This shovel-ready project offers investors a streamlined path to construction with zoning and site plans already approved by the city. Situated in a high-demand rental market, this property's interior has been demolished, cleaned, and ready for immediate build-out. With all major groundwork completed, you can pull permits and get to work without delay. The site is approved for an 8-unit apartment building, ideal for maximizing rental income or long-term asset growth in one of the South Coast's most promising urban revitalization zones!
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1850
- Parking Spots: 4
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 6
- Status: Active
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Additional Details
- Basement: Full, Walk-Out Access
- Foundation: Granite
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual, Approximate
- Zoning: Mub
- Fireplaces: 2
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 8
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Public School
- Covered Parking Spaces: 1
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $389,700
- Taxes: $4,676
- Tax Year: 2024
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Listing information provided courtesy of Naples Realty Group.
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