$675,000
12
Beds
6
Baths
4,056
Living Area
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Property Description
Prime 6-Unit Investment Opportunity! The ONLY 6-family currently available in New Bedford. This value-add asset features (6) 2BR/1BA units with separate utilities and gas heat. Lead certs are in hand for 5/6 units making this property ideal for section 8. Newer electric service meters. Two units have updated kitchens w/ granite counters. Solid low-maintenance exterior boasts vinyl siding, replacement windows, and a recent rubber roof. Interiors in select units feature updated flooring, paint, and appliances. Current tenants are TAW; vacancies have multiple applications in hand for immediate cash flow. Includes spacious clean basement, backyard space, and off-street parking. Immediate highway access and <2 miles to the new MBTA Commuter Rail, vibrant downtown dining, and waterfront attractions. Don't miss this portfolio building opportunity. Contact the listing agent for more info and showings!
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Highlights
- Heating: Natural Gas
- Parking Spots: 3
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 23
- Status: Closed
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Flooring: Tile, Vinyl, Laminate
- Lot Features: Level
- Roof: Rubber
- Total Number of Units: 6
- Year Built Source: Public Records
- Basement: Full, Interior Entry, Concrete, Unfinished
- Exterior Features: Rain Gutters
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate, Renovated Since
- Zoning: Rc
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station, Sidewalks
- Waterfront Features: Ocean, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $519,400
- Tax Year: 2025
- Total Rent: $2,275
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $5,874
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