Price Reduced 6.68%

$699,900 ($195.50 per sqft)

Est. Mortgage $3,268/mo *

Quick Pre-Approval

550 County St, New Bedford, MA, 02740

550 County St, New Bedford, MA, 02740

13 rooms

10 beds

3 Full baths

1870

3,580 sqft

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.


Status:

Active

Type:

Multi-family

Units:

1

Zoning:

RB

Levels:

2

Acreage:

0.09

Est. Taxes:

$4,890

Assessment

$432,400

Lot Description:

Level

Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access

MLS #:

73455295


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of William Kuphal, RE/MAX IMPACT 508-717-3070