This updated four-unit multifamily property combines style and convenience in a prime location. Each unit features modern renovations with inviting finishes, and separate utilities make managing costs simple and efficient for owners and tenants alike. With attractive updates and well-maintained spaces, these units are move-in ready and highly desirable, ensuring excellent tenant retention. Whether you’re seeking steady rental income or a property with the option to live in one unit while renting the others, this multifamily gem offers a blend of comfort, practicality, and solid rental appeal.
Back on market due to financing, may not pass all financing. 2-Family Home in New Bedford with Spacious Layouts and Investment Potential! This is a fantastic opportunity for homeowners or investors.This 2-family home offers living spaces with 3 bedrooms on each floor to live in yourself or Whole farental income. The 1st-floor unit is vacant and ready for a new owner to move in or rent out with some TLC. While needing some updates and a little love, this property gives you the chance to truly make it your own. The fully fenced-in backyard provides an outdoor space for outdoor activities. A driveway offers off-street parking for two vehicles, a valuable asset in this bustling neighborhood. The large basement boasts plenty of storage space, a convenient laundry area, and even a bathroom with 2 showers for added functionality. Both hot water tanks were replaced in 2018 and 2024 and both units have newly replaced front porches that are separate to enjoy the outside right from the apartment.
This two family home features large and comfortable living space. Each unit has 3 generous sized bedrooms with ample closet space. This property includes a finished basement with multiple rooms including a full bathroom, adding extra flexibility for entertainment, office space, or guests quarters. The walk -up attic provides potential for expansion, and with the new state law regarding accessory dwelling units, you may be able to legally permit this space (or the basement space) for additional rental income. Hardwood floors, built-in shelving, and pocket doors.Outside, the home boasts a one-car garage and off street parking for multiple vehicles, and a spacious back yard. New roof installed in 2024, new furnace from 2014, updated electrical panel. Home is located less than .25 miles to beaches and many local attractions and 2.3 miles to the downtown commuter rail station coming on line in 2025. Buyer to perform due diligence regarding ADU's, no guarantee of acceptance being made.
Welcome to this magnificent multifamily home at 1-3 Social St, New Bedford, MA.It's an opportunity to buy one of the best home in New Bedford in a top notch location.We highly recommend this property due to its lucrative investment to the prospective investors who are looking for a future and bright project. Don't miss this versatile property for those that are looking to invest or settle in a prime location in New Bedford, MA.Please come down to the first open house on August 17, 24 between 11am to 12noon and August 24, between 11am to 12 noon.
Investor Package Deal!! With this property you are getting two for the price of one. This is a wonderful opportunity to own a versatile 2-family and single family package deal! This property offers endless possibilities for both investors and owner-occupants alike. Outside, you'll find off-street parking, ensuring convenience, you'll have everything you need right at your fingertips. Whether you're looking to generate rental income or accommodate multi-generational living, The 2 family property has 2 bedrooms on each floor and the single family has 1 bedroom with a bonus room upstairs.
The median home value in New Bedford, MA is $371,700. This is lower than the county median home value of $449,800. The national median home value is $338,100. The average price of homes sold in New Bedford, MA is $371,700. Approximately 36.55% of New Bedford homes are owned, compared to 56.99% rented, while 6.46% are vacant. New Bedford real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Bedford real estate agent to arrange a tour today!
New Bedford, Massachusetts 02744 has a population of 100,309. New Bedford 02744 is less family-centric than the surrounding county with 22.86% of the households containing married families with children. The county average for households married with children is 27.77%.
The median household income in New Bedford, Massachusetts 02744 is $50,581. The median household income for the surrounding county is $74,290 compared to the national median of $69,021. The median age of people living in New Bedford 02744 is 36.5 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 20.3 degrees. The average rainfall is approximately 50.6 inches per year, with 35.2 inches of snow per year.