Pending
Under Agreement
147 8th St
New Bedford MA, 02740
$1,300,000
$226.92 per sqft
Pending
Under Agreement
17 Beds
8 Baths
5,729 sqft
Multi-family
Built in 1870
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, medical, 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. Taunton Federal Credit Union finances rooming houses.
73269285
MLSⓇ ID
July 25, 2024
Listed
September 4, 2024
Updated
Map
147 8th St
New Bedford MA, 02740
Interior Features
Total Stories
3
Bedrooms
17
Total Bathrooms
8
Full Bathrooms
7
Half Bathrooms
1
Appliances
Microwave, Refrigerator
Laundry Description
Washer Hookup
Floor Description
Wood, Varies
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Hot Water, Natural Gas
Exterior/Building Features
Lot Size
0.1 Acres
Exterior Features
Rain Gutters
Lot Features
Cleared, Gentle Sloping
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
Center
Taxes
$6,119
Tax Frequency
Annually
Days on Market
41
Garage
No
Parking Total
0
View
No
County
Bristol
Water Source
Public
Pool
No
Zoning
MUB
Listing History
Date | Event | Price |
|---|---|---|
9/4/2024 | Pending | — |
8/28/2024 | Under contract | — |
Courtesy of Janice Hathaway, Venture
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Data last updated 8:13 PM UTC, 9/4/2024
