$1,300,000
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147 8th St Unit 147 New Bedford, MA 02740
Multi-Family
Residence
17
Beds
8
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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Fantastic Investment Opportunity! CASH COW!!! $188,000 ANNUAL INCOME! Exceptional investment opportunity with a diverse range of possibilities for usage of this property. Currently operating as a licensed 17 unit rooming house in close proximity to the train station, downtown amenities, shopping, m...edical, highway, schools & much more! This gorgeous property features 7 1/2 bathrooms, 2, 1-br apartments, 9 full kitchen, (2) coin-op laundry services in basement/Coke machine (as is condition). Brand new sprinkler system, new fire escape, a new 200 amp electric service, roof approx 11 years old, newer heating systems and hot water tanks. Solid/steady rental history - fully occupied as of July 2024 (weekly and monthly incomes). Expense data/rent roll are available upon request. Serious buyers only. Seller anticipates completing a 1031 Tax Exchange of relinquished property. Prospective buyers should consult with their lender(s) prior to making an appointment.
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MLS#
73269285
Property Type
Multi-Family
Bedrooms
17
Bathrooms
7 Full/1 Half
Year Built
1870
Price per Sq. Ft.
$226.92
Lot Size
0.1
Sewer
Public Sewer
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