639-647 County St , New Bedford, MA 02740
New Bedford, MA 02740
Description
Investor Opportunity! This prime income-generating property features a 24-room updated rooming house with six shared kitchens and bathrooms. Additionally, the property includes three commercial storefronts, with a property management company and convenience store on-site. A full basement offers a maintenance area, while on-site amenities include parking, greenspace, and dry container storage. A 40-foot scissor lift adds to the property’s versatility. An additional parcel in the rear provides the potential for expanded parking. Recent upgrades include a new sprinkler system and full fire code compliance as of January 2024, as well as new water service installed the same year. The entire building is equipped with landlord-controlled thermostats, ensuring efficiency and ease of management. Located near Clasky Park and the T-station access bridge. On-site Property Management Company. The seller is willing to hold a 10% note, making this an exceptional investment!
Details
| MLS# | 73346307 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1896 |
| Days On Site | 38 |
| Listing Provided By | Keller Williams South Watuppa | The Vision Group |
Features
| SQ Feet | 11,242 |
|---|---|
| Zoning | RB |
| Acreage | 0.09 |
Market Activity 02740
Request a showing
Request a showing
Contact
Learn More About This Property
| State | MA |
|---|---|
| County | Bristol |
| City | New Bedford |
| Zip Code | 02740 |
| Area | Bristol |
| Listing VS Median (In 02740) | |
Price: $1,588,000 low | high Med: $429,000 SqFt: 11,242 low | high Med: 1,366 $ / SqFt: $141 low | high Med: $314 On site: 38 low | high Med: 56.000000 | |