$680,000
12
Beds
6
Baths
4,542
Living Area
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Property Description
Turnkey cash-flowing asset ready to be added to your portfolio! All tenants in place for at least one year. Rents slightly below market which leaves room for value-add. The current owner has added a quality camera system to enhance security and management capabilities. Current management company has been in place since 2021 and is willing to continue with the new owner. This is a great property in a great location. Close to the ocean, Cisco Brewers-New Bedford, Downtown, and more. New Bedford is growing. Lock this asset up before the Train goes into service. You don't want to miss this!First Open House will be held this coming Tuesday, 2/6 from 2-3pm.
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Highlights
- Heating: Natural Gas
- Property Type: 5-9 Family
- Year Built: 1909
- Property Class: Residential Income
- Total Rooms: 24
- Status: Closed
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Stone
- Lot Features: Other
- Roof: Shingle
- Year Built Details: Actual
- Zoning: Rc
- Basement: Full, Unfinished
- Flooring: Tile, Carpet
- Interior Features: Living Room, Kitchen
- Road Frontage Type: Public
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Marina, Public School, T-Station, Sidewalks
- Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $366,600
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $5,238
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 2%
- Tax Year: 2023
- Total Rent: $6,000
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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 Milbury and Company.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.