Description
Located in New Bedford's North End, this rare 6-family is fully rented, presenting an excellent investment opportunity. Consisting of over 5,500 sq ft of GLA, this sprawling vinyl-sided, well-maintained multifamily property is ideally located just minutes from the new MBTA station, highway access, and Downtown New Bedford. Each unit features 2 bedrooms and has separately metered utilities (gas & electric). There are 60-amp circuit breakers (including the house panel), 6 individual gas-fired water heaters, and Humphrey space heaters in each unit. Off-street parking for four is a huge bonus. The walk-up attic and spacious basement offer additional storage. The income-producing coin-operated washing machines & dryers pass with the sale. Each unit has a Letter of Full Deleading Compliance, which can be found on leadsafehomes.mass.gov/leadsafehomes/. Rents are currently below market rate, creating a rare opportunity for investors. This is one you may want to add to your portfolio.
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