Investment Opportunity! This mixed-use property with one residential unit and one commercial in New Bedford, MA, offers an exceptional location and versatile potential. The first floor is ideal for businesses, featuring ample space, a full kitchen, one full bathroom, and a half bath—perfect for various types of enterprises. The second floor is a spacious residential unit with four bedrooms, two full bathrooms, and the convenience of two sets of washers and dryers in-unit. Whether you're looking to establish a business or generate rental income, this property provides a fantastic investment opportunity with immense potential. Sold as is. Email a pre-approval letter first to request the showing.
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 $409,500. 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 $409,500. 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 has a population of 100,309. New Bedford is less family-centric than the surrounding county with 22.62% 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 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 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.