23
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$750,000
Est. payment /mo
10 Beds
3 Baths
3,580 SqFt
New
550 County St New Bedford, MA 02740
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Key Details
Property Type Multi-Family
Sub Type 5+ Family - Rooming House
Listing Status Active
Purchase Type For Sale
Square Footage 3,580 sqft
Price per Sqft $209
MLS Listing ID 73455295
Bedrooms 10
Full Baths 3
Year Built 1870
Annual Tax Amount $4,890
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type 5+ Family - Rooming House
Property Description
Great opportunity to acquire a high cash-flowing Rooming House in a turnkey package. Centrally located in the heart of historic downtown New Bedford, Massachusetts. The property boasts an unbeatable location, positioned just steps away from an array of museums, shops, and restaurants. It is perfectly situated to capitalize on New Bedford's revitalization, offering easy access to the new commuter rail station (providing a direct link to Boston) and the city's ferry services. For investor peace of mind, professional management is already in place, ensuring a smooth, hands-off transition. Additionally, the property has been significantly updated with a recently installed new fire alarm and sprinkler system, bringing it up to modern safety standards. This 10 bedroom rooming house offers a compelling income stream. A profit and loss statement is available upon request for serious inquiries.
Location
State MA
County Bristol
Zoning RB
Direction GPS
Interior
Interior Features Living Room, Dining Room, Family Room, Office/Den
Fireplaces Number 2
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access
Garage No
Building
Lot Description Level
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Re/Max Impact
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