639-647 County St Active

New Bedford,MA 02740

$ 1588000

24 Beds

7 Baths

11242 SqFt


Key Details

Property Type Multi-Family

Sub Type 5+ Family - Rooming House

Listing Status Active

Purchase Type For Sale

Square Footage 11,242 sqft

Price per Sqft $141

MLS Listing ID 73346305

Bedrooms 24

Full Baths 6

Half Baths 2

Year Built 1896

Annual Tax Amount $9,329

Tax Year 2025

Lot Size 3,920 Sqft

Property Sub-Type 5+ Family - Rooming House

Property Description

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!

Location

State MA

County Bristol

Zoning RB

Interior

Heating Central,Natural Gas

Flooring Wood,Tile,Vinyl

Exterior

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

Building

Lot Description Corner Lot

Story 16

Foundation Granite

Sewer Public Sewer

Water Public

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