$609,999
8
Beds
3
Baths
3,052
Living Area
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Property Description
Located in the South End of New Bedford, this well-maintained three-family property offers convenient access to the waterfront, major routes, downtown amenities, and nearby Fort Taber Park. The area is known for strong rental demand and income generating opportunities, making it attractive for investors. The home features over 3,000 sq ft with 8 bedrooms and 3 baths, offering a flexible layout ideal for rental income or multi-generational living. Unit 1 is vacant. Units 2 and 3 have Month to Month tenants. Key updates include newer boilers, three replaced water tanks, and solar panels are tied to the first floor unit for added efficiency for $90/month. A fenced yard provides privacy and outdoor space, completing this solid, income-generating opportunity with room to grow value. Solar lease to be assumed by buyer.
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Highlights
- Area: South End
- Property Class: Residential Income
- Stories: 3
- Year Built: 1895
- Levels: 3
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 15
- Status: Active
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Additional Details
- Basement: Full, Unfinished
- Exterior Features: Rain Gutters
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Rc
- Construction: Frame
- Flooring: Vinyl, Carpet
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, Sidewalks
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $460,900
- Taxes: $5,213
- Tax Year: 2025
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