$475,000
Active9 Abbott St
New Bedford, MA, 02744
Multi-Family · MLS #73420551
Price/sqft
$197
Days on market
New today
Year built
1896
Lot size
0.07 ac
2,417 sq ft
Sq Ft
0.07 acres
Lot
1896
Year Built
Taxes: $4,698 (2025)
About this home
Attention investors! This rare 3-unit multifamily offers significant upside potential in a desirable location near the Cove. Each unit features 2 bedrooms and 1 bathroom with separate gas and electric meters, giving tenants independence while simplifying ownership. Currently occupied by long-term tenants-at-will.The property is generating stable income with undermarket rents, allowing for immediate value-add through strategic rent adjustments.The building has deferred maintenance, which creates the perfect chance to Renovate, Rebrand, and Reposition for maximum returns. Situated on a quiet street with easy access to the Covewalk and hurricane barriers, this property also benefits from proximity to public transportation, restaurants, banks, and everyday conveniencesa highly attractive location for current and future renters.
Property details
- Road type
- Public
Listed by Patricia McArdle · Bold Real Estate Inc.
Schedule a showing
9 Abbott St
Estimated payment
$2,991 / month
Loan term
- Principal & interest
- $2,402
- Property tax
- $392
- Home insurance
- $198
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
Compare