REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 899,000
Est. payment | /mo
4,356 Sqft Lot
$ 899,000
Est. payment | /mo
4,356 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73418730
HOA Y/N false
Year Built 1884
Annual Tax Amount $6,419
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Description
This prime 5-unit mixed-use building in downtown New Bedford presents a great investment opportunity, offering both immediate cash flow and long-term potential. The property includes four residential units — two three-bedroom apartments and two two-bedroom apartments — some of which have been fully renovated to feature spacious, airy living areas that attract quality tenants and enhance rental value. The fifth unit is a well-established restaurant and bar, serving as a neighborhood staple for over 20 years. The current owner plans to remain with a new long-term lease, ensuring a stable income stream. With a mix of updated residential units and a commercial anchor, this property offers a secure, low-maintenance asset in a high-demand area near local amenities and public transportation. Ideal for both experienced investors and newcomers looking for a reliable, income-generating investment.
Location
State MA
County Bristol
Zoning MUB
Direction Please use gps
Exterior
Utilities Available Public Water, Natural Gas Available
Others
Senior Community false
Listed by Paiva Real Estate Services, LLC
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty