201 Deane St, New Bedford, MA 02746

If you are in the market to invest in a multi-family home in New Bedford, this is it. This property is currently bringing in $4,000/mo in rents, which is below current market rates in the area. This three-family home is located at the top of Deane Street (above Ashley Boulevard and just below Brook Street). This property is approximately 1 1/2 miles and just a five-minute drive away from the location of the future train station. Each spacious apartment consists of 1,147 square feet of gross living area and features three bedrooms. Each bathroom and kitchen have been updated from the originals. This property features vinyl siding, circuit breakers, and a fenced-in yard. The bonus two-car garage is accessible at the rear of the property from Durant Court. Both garage stalls are currently rented which provides a source of additional rental income over and above the typical three-family in the area.