147 8th St
New Bedford, MA 02740
- 17 beds
- 8 baths
- 5,729 sqft
- 4,356 sqft lot
- $226 per sqft
- 1870 build
- – on site
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.
Listing courtesy of MLSPIN / Janice Hathaway / Venture
Last checked:
Checking…
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Last updated Nov 4, 2024
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MLS# 73269285 —
The Building
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Year Built:1870
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Year Built Details:Approximate
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Year Built Source:Public Records
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Construction Materials:Frame
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Roof:Shingle
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Basement:Full
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Foundation Details:Granite
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Exterior Features:Rain Gutters
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Patio And Porch Features:Porch
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Stories Total:3
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# of Units Total:17
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Building Area Total:5729
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Rooms Total:23
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Flooring:Wood
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Fireplace:false
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Laundry Features:Washer Hookup
Room Dimensions
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Living Area:5729
Location
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Directions:At the top of 8th/Mechanic's Lane
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Latitude:41.635527
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Longitude:-70.930053
The Property
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Parcel Number:M:0052 L:0175,2891891
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Property Type:Residential Income
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Property Subtype:5+ Family - Rooming House
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Lot Features:Cleared
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Lot Size Units:Acres
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Lot Size Area:0.1
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Lot Size SqFt:4356
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Lot Size Acres:0.1
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Zoning:MUB
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Fencing:Fenced/Enclosed
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Water View:No
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Waterfront:false
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Waterfront Features:Beach Front
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Farm Land Area Units:Square Feet
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Road Frontage Type:Public
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- Office phone:
- (617) 340-9770
Taxes
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Tax Year:2024
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Tax Lot:175
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Tax Map Number:52
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Tax Book Number:3321
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Tax Annual Amount:6119
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Tax Assessed Value:509900
Beds
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Bedrooms Total:17
Baths
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Total Baths:7.5
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Total Baths:8
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Full Baths:7
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Half Baths:1
The Listing
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Home Warranty:false
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Sub Agency Relationship Offered:No
Heating & Cooling
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Heating:Hot Water
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Heating:true
Utilities
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Utilities:Washer Hookup
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Electric:Circuit Breakers
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Microwave
The Community
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Senior Community:false
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Community Features:Public Transportation
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Spa:false
Parking
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Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/31/24
Oct 31, 2024
|
Relisted | MLSPIN | $1,300,000 | |
9/4/24
Sep 4, 2024
|
Pending | MLSPIN | $1,300,000 | |
8/28/24
Aug 28, 2024
|
Sold Subject To Contingencies | MLSPIN | $1,300,000 |