Sold!
$660,000
10
Beds
3
Baths
3,580
Living Area
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Property Description
Price improvement! Great opportunity to acquire a high cash-flowing Rooming House in a turnkey package. Centrally located in the heart of historic downtown New Bedford, Massachusetts. The property boasts an unbeatable location, positioned just steps away from an array of museums, shops, and restaurants. It is perfectly situated to capitalize on New Bedford's revitalization, offering easy access to the new commuter rail station (providing a direct link to Boston) and the city's ferry services. For investor peace of mind, professional management is already in place, ensuring a smooth, hands-off transition. Additionally, the property has been significantly updated with a recently installed new fire alarm and sprinkler system, bringing it up to modern safety standards. This 10 bedroom rooming house offers a compelling income stream. A profit and loss statement is available upon request for serious inquiries.
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Highlights
- Levels: 2
- Property Type: 5+ Family - Rooming House
- Total Rooms: 13
- Status: Closed
- Property Class: Residential Income
- Stories: 2
- Year Built: 1870
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Additional Details
- Fireplaces: 2
- Interior Features: Living Room, Dining Room, Family Room, Office/Den
- Road Frontage Type: Public
- Total Number of Units: 1
- Year Built Source: Public Records
- Foundation: Other
- Lot Features: Level
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rb
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $432,400
- Taxes: $4,890
- Tax Year: 2025
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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 RE/MAX ONE.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
