New Bedford, MA 02744
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Excellent mixed-use investment opportunity offering strong income potential and business flexibility. The property features a two-unit residential component consisting of a studio apartment on the first floor and a one-bedroom apartment on the second floor, currently generating $2,200 per month in rental income. The commercial space is currently utilized as a licensed used car dealership office and includes a valid dealer license with capacity for up to 10 vehicles. The large, paved lot provides ample parking, vehicle display, and operational space. Residential units each feature a full bathroom, while the office space includes a convenient half bath. Whether you’re an investor seeking multiple income streams or an owner-operator looking to combine business and real estate ownership, this unique property presents a rare opportunity.
| Property Type | Residential Income |
|---|---|
| Property Sub Type | Multi Family |
| Property Status | Active |
| Time on Market | 12 days |
| MLS# | 73529445 |
| Lot Size | 2,000 Sq. Ft. |
|---|---|
| Listed Price | $399,900 |
| Property Taxes | $6,553 |
| Year Built | 1920 |
| Data Source | MLS PIN |
Residential Sales & Leasing
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Listing Courtesy of: LPT Realty - Home & Key Group
Listing Agent: Maria Adamides
School data provided by GreatSchools.
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| Property Type | Residential Income |
|---|---|
| Property Sub Type | Multi Family |
| Bedrooms | 2 |
| Living Area | 1,200 Sq. Ft. |
| County | Bristol |
| Year Built Description | Actual |
| Waterfront? | No |
| Waterfront Features | 1/10 to 3/10 To Beach |
| Water | Public |
| Assessments | 410000 |
| Rooms | 7 |
| Adult Community | No |
| Full Baths | 2 |
| Half Baths | 1 |
| Acres | 0.05 |
| Town | New Bedford |
| ZIP | 02744 |
| Unit Count | 2 |
| Stories Total | 2 |
| Parking Spaces | 10 |
| Garage Spaces | 0 |
| Sewer | Public Sewer |
| Tax Year | 2025 |
School data provided by GreatSchools.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Find out more about GreatSchools ratings.
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