224-232 Caroline
$850,000
8
Beds
6
Baths
5,638
Sqft
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$850,000
8
Beds
6
Baths
5,638
Living Area
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Property Description
Investors take notice!! Don’t miss this rare opportunity to own a high-performing 6-family property, consisting of a 4-family and 2-family on the same lot located in a quiet residential neighborhood on the West End of New Bedford. This well-maintained investment features a total of 8 bedrooms and 6 bathrooms with many updates done to each unit. Five of the six units are currently occupied, some with long term tenants providing immediate cash flow. One unit is vacant and ready to be finished for additional leasing. Positioned near the brand-new South Coast Rail Station, New Bedford High School, and major highways, this property offers unbeatable access for commuters and residents alike. This is your rare chance to own a stabilized multi-family asset with room to grow in one of New Bedford’s most established and appreciating areas. A standout addition to any portfolio
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Highlights
- Area: West
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1910
- Heating: Natural Gas
- Parking Spots: 4
- Property Type: 5-9 Family
- Total Rooms: 20
- Status: Active
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Additional Details
- Foundation: Concrete Perimeter, Block, Slab
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Mub
- Lot Features: Level
- Roof: Shingle, Rubber
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Public School, T-Station
- Parking Features: Off Street, Tandem, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $688,600
- Tax Year: 2025
- Total Rent: $5,635
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $7,788
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Listing information provided courtesy of Here Realty LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.