51 County St New Bedford, MA 02744
- Small apartment buildings
- 4,500 SF
- 0.06 lot acres
Current Use by Public Records
- Small apartment buildings
Property Details for 51 County St
- Lot size
- 0.06 lot acres
- Property size
- 4,500 SF
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a vacant, versatile five-unit multifamily property situated on a 0.06-acre lot at 51 County St, New Bedford, MA, 02744. The 4,500 square foot building offers a mix of unit sizes to cater to diverse rental needs: two two-bedroom units, two one-bedroom units, and one three-bedroom unit. Currently vacant, this property provides a unique opportunity for an investor to establish their own tenant base and rental rates, maximizing income potential. Its prime location in New Bedford offers convenient access to major roadways and local amenities, ensuring high tenant demand. The property is listed at $667,500 and presents a strong potential for steady rental income, making it an attractive addition to any real estate portfolio. This is a multifamily property with commercial zoning, offering flexibility for future uses. The property's layout and location make it an ideal investment for both seasoned investors and those new to the rental market. This is a rare opportunity to acquire a well-positioned multifamily property in a thriving Massachusetts market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.9224975
- Latitude
- 41.6165498
