147 8th Street
$1,300,000
17
8
5,729
5,729
$227
Description
Fantastic Investment Opportunity! Cash cow! $193,000 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...Fantastic Investment Opportunity! Cash cow! $193,000 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.
- Listed by Janice Hathaway • Venture
Property Details for 147 8th Street
Town
New Bedford
MLS AreaCenter
AreaMA-New Bedford-Center, MA-New Bedford
Garage Spaces0
Parking Spaces.00
LISTING UPDATED: 01/11/2025 10:50 PM
Property Details for 147 8th Street
Status | Active |
---|---|
MLS # | 73269285 |
Days on Market | 132 |
Taxes | $6,119 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5+ Family - Rooming House |
Year Built | 1870 |
County | Bristol County |
Building Information for 147 8th Street
Stories3Residences17Year Built1870Building Size-Lot Size0.10 AC / 4,356 SF
Property Information for 147 8th Street
Property History for 147 8th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 147 8th Street
Taxable ValueLand$100,600Additions$409,300Total$509,900
Tax Record2024$6,119 ($510 / month)
Home Facts
Baths7.5Total Finished SqFt5,452 SqFtAbove Grade Finished SqFt5,452 SqFtUnfinished Basement SqFt2,310 SqFtStories2Lot Size4,356 SqFtStyleMulti-Family Res (5+ Units)Year Built1870ZoningMUBCountyBRISTOLAPNNEWB M:0052 L:0175Fireplace TypeHas Fireplace
Schools near 147 8th Street
This home is within New Bedford School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Sgt Wm H Carney Academy PublicPK to 5 | ||
Keith Middle School Public6 to 8 | ||
New Bedford High School Public9 to 12 | ||
Whaling City Junior/Senior High School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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