Sold!
$380,000
7
Beds
3
Baths
3,158
Living Area
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Property Description
An amazing chance to get into a profitable 3 Family a few blocks away from downtown New Bedford. With only 2 apartments rented, the property is generating 3500, with the third unit left vacant for the new owner to live in or choose the rent price for. All 3 units have been renovated in the last 3 years with 2 of the units having a dish washer. The building has a laundry room that is shared amongst all 3 apartments. Outside is a supercharging station for electric cars. There's Office space that can be used to charge for storage too. The roof has been updated in the last few years. Each unit has had brand new water heaters and heating systems installed the last 3 years as well. The tenant on the first floor pays 1900 for a 3 bedroom apartment and is tenants at will. 2nd floor is paying 1600 for a 2 bedroom apartment. 3rd floor is a 2 bedroom with a dish washer and one bedroom has a walk in closet. The building is roughly a 4minute drive from the train station coming to New Bedford
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Highlights
- Heating: Forced Air, Electric
- Property Class: Residential Income
- Total Rooms: 16
- Status: Closed
- Parking Spots: 2
- Property Type: 3 Family
- Year Built: 1878
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Freezer
- Construction: Frame
- Flooring: Wood, Laminate
- Interior Features: Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Living Room, Kitchen
- Roof: Shingle
- Year Built Details: Actual, Renovated Since
- Zoning: Rc
- Basement: Partial
- Exterior Features: Rain Gutters
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, University
- Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
- Parking Features: Off Street, Leased
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $399,000
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $4,788
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2024
- Total Rent: $3,500
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Andrade Associates Real Estate, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
