aisellshomes.space

$475,000

Active

9 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 conveniences—a 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

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$2,991 / month

Down payment20% · $95,000
Interest rate6.50%

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.

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