aisellshomes.space

$1,600,000

Active

194-R Riverside Ave

New Bedford, MA, 02746

Multi-Family · MLS #73519513

Price/sqft

$59

Days on market

New today

Year built

1925

Lot size

2.91 ac

26,910 sq ft

Sq Ft

2.91 acres

Lot

1925

Year Built

Taxes: $17,371 (2026)

About this home

Presenting an exceptional opportunity to convert this industrial building into multi-family property located at 194-R Riverside Ave, New Bedford, MA. Constructed in 1925, this expansive residence offers a substantial 26,910 square feet of protentional living area, providing significant space for diverse residential configurations or strategic investment. Spanning two stories, the property is situated on a generous 126,759 square foot lot, offering considerable outdoor space and development opportunities. This distinguished property represents a compelling opportunity for discerning buyers seeking a significant multi-family asset in New Bedford. See attached due diligence progress. This property is located along the city's future Riverwalk Development initiative.

Property details

Road type
Private
Waterfront
River
Waterview Features
Public, Walk to

Listed by Jason Lanagan · Lanagan & Co

Schedule a showing

194-R Riverside Ave

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$10,205 / month

Down payment20% · $320,000
Interest rate6.50%

Loan term

Principal & interest
$8,090
Property tax
$1,448
Home insurance
$667

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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