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Image 1 - 147 8th St, New Bedford, Massachusetts, 02740 - House for sale
Image 2 - 147 8th St, New Bedford, Massachusetts, 02740 - House for sale
Image 3 - 147 8th St, New Bedford, Massachusetts, 02740 - House for sale
Image 4 - 147 8th St, New Bedford, Massachusetts, 02740 - House for sale
Image 5 - 147 8th St, New Bedford, Massachusetts, 02740 - House for sale
Image 6 - 147 8th St, New Bedford, Massachusetts, 02740 - House for sale
Image 7 - 147 8th St, New Bedford, Massachusetts, 02740 - House for sale
Image 8 - 147 8th St, New Bedford, Massachusetts, 02740 - House for sale
Image 9 - 147 8th St, New Bedford, Massachusetts, 02740 - House for sale
Th St, New Bedford, Home For Sale
147 8th St, New Bedford, Massachusetts, 02740

Th St, New Bedford, Home For Sale

house for sale
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Listed: 07/27/24

147 8th St, New Bedford, Massachusetts, 02740

17 Bed:
7.5 Bath:
5,729 Sq Ft Living Area:
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Price
$ 1,3M

About This House

Attention serious investors !!! Rare find !!! 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 and 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. Taunton Federal Credit Union finances rooming houses.

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New Bedford Housing & Living

Average sale prices for houses

3 bed
4+ bed
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In July 2024, the asking price for 3 bed houses for sale in/near New Bedford, United States averaged $415,761, a decrease of 2.6% from the previous month.
Median price trends for properties for sale in New Bedford, United States as of July 2024.

Household Income

Median household income: $40,626
Number of households: 39,491
The average household income in New Bedford, MA grew from $38,178 to $40,626 in the past year. This data is an estimate based upon 39,491 households in New Bedford, MA.
The chart below presents how household income is distributed in New Bedford, MA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New Bedford, MA compared to median property taxes around the country. The prevalent amount of property taxes in New Bedford, MA equals $3k+ , which is more than the national average.