Fully gut-renovated multifamily opportunity in New Bedford renovated in 2022 offering strong income potential for both investors and owner-occupants alike. This oversized property features two spacious 4 bed/1 bath units on the 1st and 2nd floors, plus two 1 bed/1 bath units on the 3rd floor. Bonus finished 4th-floor living space with an additional bathroom offers flexibility for storage, office, or extended use. Property includes 5 off-street parking spaces, updated kitchens and baths, modern finishes, and strong rental upside with vacant units allowing immediate market rents. Ideal setup for FHA buyers looking to offset their mortgage with rental income or investors seeking a turn-key asset with future value-add potential. Preliminary concepts for a potential 8-unit conversion have already been explored. Conveniently located near highways, shopping, restaurants, and commuter access.
Features
10 bedrooms
5 bathrooms
directions_car5 carspaces
5 open car spaces
4118 sq. ft. floor area
crop_free2914 sq. ft. lot size
cottageOther
Property history for 539 North Front Street
2007
Sold
$134,000
24 Sep 2007 by Linda Pacheco, of Century 21 Hughes & Carey
Happy sellers in New Bedford
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Local market activity for 10 bedroom other properties in New Bedford
Sold
For Sale
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