$349,900
4
Beds
2
Baths
1,234
Living Area
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Property Description
Located on a fenced-in corner lot, 309 Cottage Street presents a high-utility opportunity for portfolio investors and owner-occupants seeking a value-add entry into the New Bedford market. This two-family residence is being delivered completely vacant, offering a clean slate for immediate modernization. It’s the perfect canvas for those looking to bring their vision to a property with significant upside potential. Each unit features a consistent two-bedroom layout designed for functional living. The first-floor apartment offers a distinct lifestyle advantage with a private deck that leads directly to the backyard, while the exterior is wrapped in low-maintenance vinyl siding to help streamline future upkeep. While the interior is ready for a full aesthetic refresh, the bones of this home provide a solid foundation for a custom renovation that could maximize both equity and rental yields. By leveraging the area’s strong rental demand through targeted updates, you can maximize your equity and secure a robust long-term asset.
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Highlights
- Area: West
- Levels: 2
- Property Type: Multi Family
- Total Rooms: 8
- Status: Active
- Heating: Central, Unit Control, Space Heater
- Property Class: Residential Income
- Stories: 2
- Year Built: 1873
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Additional Details
- Appliances: Range
- Construction: Frame
- Flooring: Carpet, Varies, Laminate, Hardwood
- Interior Features: Laundry Room, Ceiling Fan(s), Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Rc
- Basement: Full, Interior Entry, Unfinished
- Exterior Features: Balcony/Deck, Varies per Unit
- Foundation: Granite
- Lot Features: Corner Lot, Level
- Roof: Shingle
- Total Number of Units: 2
- 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, T-Station
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $346,900
- Taxes: $3,923
- Tax Year: 2025
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