Price Reduced 4.81%
9 Abbott St, New Bedford, (South End), MA, 02744
15 rooms
6 beds
3 Full baths
1896
2,417 sqft
Attention investors! This rare 3-unit multifamily offers significant upside potential in a desirable location near the Cove. Each unit features 2 bedrooms and 1 bathroom with separate gas and electric meters, giving tenants independence while simplifying ownership. Currently occupied by long-term tenants-at-will.The property is generating stable income with undermarket rents, allowing for immediate value-add through strategic rent adjustments.The building has deferred maintenance, which creates the perfect chance to Renovate, Rebrand, and Reposition for maximum returns. Situated on a quiet street with easy access to the Covewalk and hurricane barriers, this property also benefits from proximity to public transportation, restaurants, banks, and everyday conveniences—a highly attractive location for current and future renters.
Status:
Active
Town:
New Bedford
Type:
Multi-family
Units:
3
Zoning:
RC
Levels:
3
Parking:
2-car, Paved
Acreage:
0.07
Est. Taxes:
$4,698
Assessment
$415,400
Construction
Frame
Utilities
for Gas Range
Lot Description:
Cleared
Amenities:
Public Transportation, Shopping, Laundromat, Highway Access, House of Worship
MLS #:
73420551
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Patricia Mcardle, Bold Real Estate Inc. 508-999-9800