$411,000
7
Beds
3
Baths
2,251
Living Area
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Property Description
Buyer Financing fell through!! Introducing a prime investment opportunity in the rapidly revitalizing city of New Bedford! This multi-family gem, a 3-family home, is perfectly positioned to take advantage of the city's exciting transformation, with new development, restaurants, and cultural hotspots popping up all around. With the long-anticipated train to Boston on the horizon, New Bedford is set to become one of the most accessible and desirable commuter cities in the region. Two of the three units offer spacious layouts, high ceilings, and abundant natural light. 3rd floor has an open concept layout. Looking to maximize rental income? This property is ideal for savvy investors. Located just minutes from downtown New Bedford, you'll enjoy easy access to the waterfront, vibrant dining, and the cultural scene. With the city on the rise, your next investment could be this thriving multi-family home—don't miss out! Will not pass for FHA/VA loan.
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Highlights
- Heating: Natural Gas, Unit Control
- Property Type: 3 Family
- Year Built: 1910
- Property Class: Residential Income
- Total Rooms: 13
- Status: Closed
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Additional Details
- Basement: Full, Bulkhead, Concrete, Unfinished
- Exclusions: Personal Belongings
- Flooring: Wood, Tile, Carpet, Varies, Laminate, Hardwood
- Interior Features: Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
- Construction: Frame
- Exterior Features: Rain Gutters
- Foundation: Stone
- Lot Features: Level
- Roof: Shingle
- Year Built Details: Actual
- Zoning: Rc
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Amenities
- Community Features: Public Transportation, Shopping, Laundromat, Public School, Sidewalks
- Parking Features: Paved Drive
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $323,800
- Tax Year: 2024
- Total Rent: $2,150
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $3,886
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Listing information provided courtesy of HomeSmart Professionals Real Estate.
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