Exceptional investment opportunity in the heart of New Bedford! This 5-family property offers strong income potential with all tenants currently TAW. Major updates include a new roof in 2023, recently replaced hot water tanks, and a brand-new furnace installed last month. Property also features a rare 4-car garage plus an additional lot behind the garage with access from the side street—ideal for potential additional parking, storage, or outdoor space for tenants. Located just a short walk to downtown New Bedford, offering easy access to the vibrant waterfront, restaurants, cafes, shops, ferry service to Martha’s Vineyard, art galleries, and the thriving historic district. A fantastic opportunity for investors looking for cash flow and future upside in one of the city’s most desirable locations.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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