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$849,000
Est. payment /mo
10 Beds
5.5 Baths
776 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 776 sqft
Price per Sqft $1,094
MLS Listing ID 73419351
Bedrooms 10
Full Baths 5
Half Baths 1
Year Built 1884
Annual Tax Amount $6,419
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type 5+ Family - 5+ Units Up/Down
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
Rooms
Basement Full
Exterior
Garage No
Building
Lot Description Other
Story 3
Foundation Granite
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Paiva Real Estate Services, LLC
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