Investor Opportunity! This prime income-generating property features a 24-room updated rooming house with six shared kitchens and bathrooms. Additionally, the property includes three commercial storefronts, with a property management company and convenience store on-site. A full basement offers a maintenance area, while on-site amenities include parking, greenspace, and dry container storage. A 40-foot scissor lift adds to the property’s versatility. An additional parcel in the rear provides the potential for expanded parking. Recent upgrades include a new sprinkler system and full fire code compliance as of January 2024, as well as new water service installed the same year. The entire building is equipped with landlord-controlled thermostats, ensuring efficiency and ease of management. Located near Clasky Park and the T-station access bridge. On-site Property Management Company. The seller is willing to hold a 10% note, making this an exceptional investment!
For sale
$1,588,000
639 647 County St, New Bedford, MA 02740
24beds
11,242sqft
Est.:
5+ Family - Rooming House
Built in 1896
-- sqft lot
$-- Zestimate®
$141/sqft
$-- HOA
What's special
Commercial storefrontsFull basementUpdated rooming houseShared kitchens
- 41 days
- on Zillow |
- 737 |
- 25 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 11:17am
Listed by:
The Vision Group,
Keller Williams South Watuppa
Source: MLS PIN,MLS#: 73346305
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Heating
- Central, Natural Gas
Features
- Dining Room, Kitchen
- Flooring: Wood, Tile, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 11,242
- Total interior livable area: 11,242 sqft
- Finished area above ground: 11,242
Property
Parking
- Total spaces: 3
- Parking features: Off Street
Lot
- Size: 3,999 Square Feet
- Features: Corner Lot
Details
- Parcel number: M:0065 L:0191,2894126
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - Rooming House
Materials
- Foundation: Granite
Condition
- Year built: 1896
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access
Location
- Region: New Bedford
Financial & listing details
- Price per square foot: $141/sqft
- Tax assessed value: $561,200
- Annual tax amount: $9,329
- Date on market: 3/17/2025
- Total actual rent: 0
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