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.
- Basement:
- Full, Walk-out Access, Interior Entry, Unfinished
- Parking:
- Off Street, Paved Drive
- Construction:
- Frame
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- *Taxes don't include a owner occupant residential exemption deduction.
- Electric Feature:
- 100 Amp Service
- Garage Parking
- Lead Paint:
- Certified Treated
- Area:
- North
- Market Time:
- 4
- Parking Spaces:
- 5
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $218
- Zoning:
- MUB
- No Units:
- 4
- Orig Price:
- $899,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- New Bedford
- State:
- MA
- County:
- Bristol
- Postal Code:
- 02745
- Longitude:
- W71° 4' 20.7''
- Latitude:
- N41° 40' 3.2''
Residential Income
539-541 North Front Street, New Bedford, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $899,000
- Bedrooms :
- 10
- Rooms :
- 17
- Total Bathrooms :
- 5
- Full Bathrooms :
- 5
- Square Footage :
- 4,118 Sqft
- Year Built :
- 2022
- Lot Area :
- 0.07 Acre
- Listing ID :
- 73522270
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
