539-541 North Front Street, New Bedford, MA 02745
- $895,000
- 10
- BD
- 5
- BA
- 4,118
- SqFt
- List Price
- $895,000
- Price Change
- ▼ $4,000 1786496660
- Status
- EXTENDED
- MLS#
- 73522270
- Bedrooms
- 10
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 4,118
- Lot Size (Acres)
- 0.07
- Year Built
- 2022
Property Description
Fully gut-renovated multifamily opportunity in New Bedford renovated in 2022 offering strong income potential for both investors and owner-occupants alike. This oversized property features two spacious 4 bed/1 bath units on the 1st and 2nd floors, plus two 1 bed/1 bath units on the 3rd floor. Bonus finished 4th-floor living space with an additional bathroom offers flexibility for storage, office, or extended use. Property includes 5 off-street parking spaces, updated kitchens and baths, modern finishes, and strong rental upside with vacant units allowing immediate market rents. Ideal setup for FHA buyers looking to offset their mortgage with rental income or investors seeking a turn-key asset with future value-add potential. Preliminary concepts for a potential 8-unit conversion have already been explored. Conveniently located near highways, shopping, restaurants, and commuter access.
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Additional Information
- Area
- North
- Taxes
- $6,237
- Parking Description
- Paved Drive, Off Street
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Niko Stafford from Listing Office: Block Realty.
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