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$899,000
Est. payment /mo
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73418730
HOA Y/N false
Year Built 1884
Annual Tax Amount $6,419
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Description
This prime 5-unit mixed-use building in downtown New Bedford presents a great investment opportunity, offering both immediate cash flow and long-term potential. The property includes four residential units — two three-bedroom apartments and two two-bedroom apartments — some of which have been fully renovated to feature spacious, airy living areas that attract quality tenants and enhance rental value. The fifth unit is a well-established restaurant and bar, serving as a neighborhood staple for over 20 years. The current owner plans to remain with a new long-term lease, ensuring a stable income stream. With a mix of updated residential units and a commercial anchor, this property offers a secure, low-maintenance asset in a high-demand area near local amenities and public transportation. Ideal for both experienced investors and newcomers looking for a reliable, income-generating investment.
Location
State MA
County Bristol
Zoning MUB
Direction Please use gps
Exterior
Utilities Available Public Water, Natural Gas Available
Others
Senior Community false
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Listed by Paiva Real Estate Services, LLC
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