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- located at 147 8th St, New Bedford MA 02740 in   02740

147 8th St, New Bedford MA 02740, Bristol, Residential Income – 73269285

Description

Fantastic Investment Opportunity! CASH COW!!! $188,000 ANNUAL INCOME! Exceptional investment opportunity with a diverse range of possibilities for usage of this property. Currently operating as a licensed 17 unit rooming house in close proximity to the train station, downtown amenities, shopping, medical, highway, schools & much more! This gorgeous property features 7 1/2 bathrooms, 2, 1-br apartments, 9 full kitchen, (2) coin-op laundry services in basement/Coke machine (as is condition). Brand new sprinkler system, new fire escape, a new 200 amp electric service, roof approx 11 years old, newer heating systems and hot water tanks. Solid/steady rental history – fully occupied as of July 2024 (weekly and monthly incomes). Expense data/rent roll are available upon request. Serious buyers only. Seller anticipates completing a 1031 Tax Exchange of relinquished property. Prospective buyers should consult with their lender(s) prior to making an appointment.

Features and Amenities

Other Features
Has Heating System
Microwave
Rain Gutters
Refrigerator
147 8th St, New Bedford MA 02740,
17 Beds
7.5 Baths

Available Units

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

WalkScore

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Douglas Elliman