Unit Information
Fully gut-renovated multifamily opportunity in New Bedford renovated in 2022 offering strong income potential for both investors and owner-occupants alike. This oversized property features two spacious 4 bed/1 bath units on the 1st and 2nd floors, plus two 1 bed/1 bath units on the 3rd floor. Bonus finished 4th-floor living space with an additional bathroom offers flexibility for storage, office, or extended use. Property includes 5 off-street parking spaces, updated kitchens and baths, modern finishes, and strong rental upside with vacant units allowing immediate market rents. Ideal setup for FHA buyers looking to offset their mortgage with rental income or investors seeking a turn-key asset with future value-add potential. Preliminary concepts for a potential 8-unit conversion have already been explored. Conveniently located near highways, shopping, restaurants, and commuter access.
- Additional Details
- Status: NEW
- Type: Multi-Family, Quadruplex
- Area: North
- Zip Code: 02745
- Levels: 5
- Parking
- Garage Capacity: 5
- Parking: Paved,Off Street
- Parking Spaces: 5
- Rooms and Dimensions
- Total Units: 4
- Total Floors: 5
- Total Rooms: 17
- Has Basement: Yes
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$899,000
- Status: New
- Listing ID: 73522270
- Bedrooms: 10
- Full Baths: 5
- Living Area: 4,118 sqft Convert
- Lot Size: 2,914 sqft Convert
- Acres: 0.07
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |