**ATTENTION INVESTORS** Come check out this incredible 8 Unit CASH COW investment opportunity in the South End of New Bedford! At full occupancy, this building will bring in approximately $84,000 a year! It consists of 2 storefronts and 6-2 bedroom apartments, all in great shape. Property is on a corner lot and has fenced in off street parking behind the building. Exterior siding and roof in good shape. Tenants all pay separate utilities. Each apartment has its own breaker panel in the unit. For heating systems, building has 8 hot water boilers in the basement. This would be a turn key operation for any investor. First showings will begin on Saturday, August 29 at 11am. We will be doing group tours. Call, text, or email list agent if you would like to attend and we will put you on the list.
Off market
$880,900
259-265 Rivet St, New Bedford, MA 02744
12beds
7,379sqft
MultiFamily
Built in 1900
-- sqft lot
$880,900 Zestimate®
$119/sqft
$1,564 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Heating
- Baseboard, Gas
Appliances
- Included: Refrigerator
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 7,379 sqft
Property
Parking
- Total spaces: 6
Features
- Exterior features: Other
Lot
- Size: 3,484 sqft
Details
- Parcel number: NEWBM0030L0285
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: New Bedford
Other
Other facts
- Electric Feature: 220 Volts, Circuit Breakers
- Roof Material: Asphalt/Fiberglass Shingles
- Beach Miles To: 1/2 To 1 Mile
- Beachfront Flag: Yes
- Apod Available: Yes
- App Dscrp 3: Range, Refrigerator
- App Dscrp 4: Range, Refrigerator
- Hea Dscrp 1: Hot Water Baseboard
- Hea Dscrp 2: Hot Water Baseboard
- Hea Dscrp 3: Hot Water Baseboard, Gas
- Hea Dscrp 4: Hot Water Baseboard, Gas
- Rnt Dscrp 1: Water, Hot Water
- Rnt Dscrp 2: Water, Hot Water
- Rnt Dscrp 3: Water
- Rnt Dscrp 4: Water
- Lot Description: Corner
- Mf Type: 5-9 Family
- Foundation: Granite