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For sale
  • $699,000

    39 Sycamore St, New Bedford, MA 02740

    12beds
    2,329sqft
    : 
    $4,756/mo
    Get pre-qualified
    5+ Family - Rooming House
    Built in 1876
    -- sqft lot
    $697,500 Zestimate®
    $300/sqft
    $-- HOA

    What's special

    Spacious backyardCorner lot
    Discover an exceptional opportunity to acquire a high-performing, two-story, 12-room rooming house situated on a corner lot with a spacious backyard. Generating over $10,000 per month in rental income, this turnkey asset offers strong existing cash flow, an established management structure, and long-term upside, making it an ideal addition to any real estate portfolio. The property features a practical layout distributed across two floors, comprising 12 rooms, 2 full bathrooms, and 2 half bathrooms, while the expansive backyard provides valuable outdoor space for residents. Positioned on a prominent corner lot, there is added flexibility to explore adding a driveway or dedicated off-street parking, subject to local zoning regulations and municipal approvals. Investors will appreciate the established operation with a hands-on property manager overseeing day-to-day operations for a streamlined, hands-off ownership experience. Whether you are an experienced investor looking to scale your portfolio or seeking a reliable income-producing property with immediate return, this listing delivers a rare blend of stability and potential. Strong cash flow, established management, and outstanding potential make this a versatile investment not to miss; buyer and buyer’s agent to perform all due diligence regarding property details, square footage, room count, rental income, zoning, parking feasibility, and municipal approvals.
    6 days
    95
    6

    Zillow last checked:

    Listing updated:

    Listed by:

    Philip Rebello 508-974-5402,

    Keller Williams South Watuppa 508-677-3233

    Source: MLS PIN,MLS#: 73592513

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 4
      • Full bathrooms: 2
      • 1/2 bathrooms: 2
      Appliances
      • Laundry: Gas Dryer Hookup, Washer Hookup
      Features
      • Flooring: Wood
      • Basement: Partially Finished,Interior Entry
      • Has fireplace: No
      Interior area
      • Total structure area: 2,329
      • Total interior livable area: 2,329 sqft
      • Finished area above ground: 2,329

      Property

      Parking
      • Parking features: Off Street
      Features
      • Patio & porch: Porch
      • Waterfront features: Bay, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
      Lot
      • Size: 3,768 Square Feet
      • Features: Other
      Details
      • Parcel number: M:0065 L:0209,2894142
      • Zoning: RB

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5+ Family - Rooming House
      Materials
      • Frame
      • Foundation: Granite, Irregular
      • Roof: Shingle
      Condition
      • Year built: 1876

      Utilities & green energy

      • Electric: Circuit Breakers, 200+ Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: for Gas Dryer, Washer Hookup

      Community & HOA

      Location
      • Region: New Bedford

      Financial & listing details

      • Price per square foot: $300/sqft
      • Tax assessed value: $540,200
      • Annual tax amount: $6,110
      • Date on market: 10/16/2026
      • Total actual rent: 0

        Estimated market value

        $697,500

        $663,000 - $732,000

        $3,583/mo

        Price history

        DateEventPrice
        10/19/2026Listed for sale$699,000+12.7%$300/sqft
        Source: MLS PIN #73592513 Report a problem
        12/8/2025Sold$620,000-3.1%$266/sqft
        Source: MLS PIN #73329054 Report a problem
        9/23/2025Contingent$639,900$275/sqft
        Source: MLS PIN #73329054 Report a problem
        9/2/2025Price change$639,900-1.5%$275/sqft
        Source: MLS PIN #73329054 Report a problem
        6/2/2025Price change$649,900-2.3%$279/sqft
        Source: MLS PIN #73329054 Report a problem
        3/13/2025Price change$664,900-1.5%$285/sqft
        Source: MLS PIN #73329054 Report a problem
        1/24/2025Listed for sale$674,900+22.7%$290/sqft
        Source: MLS PIN #73329054 Report a problem
        5/24/2023Sold$550,000-8.3%$236/sqft
        Source: MLS PIN #73078349 Report a problem
        2/11/2023Listed for sale$600,000+122.2%$258/sqft
        Source: MLS PIN #73078349 Report a problem
        2/24/2006Sold$270,000+350%$116/sqft
        Source: Public Record Report a problem
        9/29/2000Sold$60,000+14.3%$26/sqft
        Source: Public Record Report a problem
        6/22/2000Sold$52,500-25%$23/sqft
        Source: Public Record Report a problem
        12/28/1990Sold$70,000$30/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,110 +16.5%$540,200 +23.6%
        2024$5,243 +79.2%$436,900 +113.4%
        2023$2,925 -3.6%$204,700 +4.9%
        2022$3,033 -0.3%$195,200
        2021$3,043 +6.4%$195,200 +10.3%
        2020$2,860 +7.1%$177,000 +9.1%
        2019$2,671 +5.9%$162,200 +6.9%
        2018$2,523 -0.4%$151,700
        2017$2,532 -11.6%$151,700 -12.6%
        2016$2,863 +4.3%$173,600 -0.5%
        2015$2,745 +3.3%$174,500 -0.5%
        2014$2,658 -1.1%$175,300 -6.5%
        2013$2,687 +2%$187,500 -2%
        2012$2,634 -5.5%$191,400 -11.5%
        2011$2,786 -1.3%$216,300 -7.8%
        2010$2,823 +0.2%$234,700 -4.6%
        2009$2,817 +9.4%$246,000 +0.8%
        2008$2,575 +25.3%$244,100 +22.5%
        2007$2,055 +21%$199,300 +27.6%
        2006$1,698 -3.3%$156,200 +1.2%
        2005$1,756 -6.6%$154,400 +1.6%
        2004$1,880 +37.1%$152,000 +62.6%
        2003$1,371 +14.9%$93,500 +20.8%
        2002$1,193 -4.8%$77,400 +0.3%
        2000$1,253 +11.6%$77,200 -8.7%
        1996$1,123 $84,600
        Find assessor info on the county website

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 02740

        Getting around

        81 / 100
        Very Walkable
        56 / 100
        Good Transit

        Nearby schools

        GreatSchools rating

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