$1,588,000 ($141.26 per sqft)

Est. Mortgage $7,719/mo *

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639-647 County St, New Bedford, MA, 02740

639-647 County St, New Bedford, MA, 02740

26 rooms

24 beds

6 Full / 2 Half baths

1896

11,242 sqft

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!


Status:

Active

Type:

Multi-family

Units:

27

Zoning:

RB

Heating:

Central, Natural Gas

Basement:

Full

Levels:

16

Parking:

3-car, Off Street

Acreage:

0.09

Est. Taxes:

$9,329

Assessment

$561,200

Lot Description:

Corner Lot

Amenities:

Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access

Appliances:

Range, Oven, Microwave, Refrigerator

MLS #:

73346305


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of The Vision Group, Keller Williams South Watuppa Phone: 508-677-3233