Price improvement! 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.
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Interior Features:
- Dining Room, Family Room, Office/den, Living Room
- Lead Paint:
- Unknown
- Market Time:
- 71
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $196
- Zoning:
- RB
- No Units:
- 1
- Orig Price:
- $750,000
- Fireplaces:
- 2
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- New Bedford
- State:
- MA
- County:
- Bristol
- Postal Code:
- 02740
- Longitude:
- W71° 4' 9.1''
- Latitude:
- N41° 38' 18.5''
Residential Income
550 County St, New Bedford, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $699,900
- Bedrooms :
- 10
- Rooms :
- 13
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 3,580 Sqft
- Year Built :
- 1870
- Lot Area :
- 0.09 Acre
- Listing ID :
- 73455295
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com