$10,000
closing credit¹
147 8th St New Bedford, MA 02740
Property details
About 147 8th St
Fantastic Investment Opportunity! CASH COW!!! $193,000 ANNUAL INCOME! Exceptional investment opportunity with a diverse range of possibilities for usage of this property. Currently operating as a licensed 17 unit rooming house in close proximity to the train station, downtown amenities, shopping, medical, highway, schools & much more! This gorgeous property features 7 1/2 bathrooms, 2, 1-br apartments, 9 full kitchen, (2) coin-op laundry services in basement/Coke machine (as is condition). Brand new sprinkler system, new fire escape, a new 200 amp electric service, roof approx 11 years old, newer heating systems and hot water tanks. Solid/steady rental history - fully occupied as of July 2024 (weekly and monthly incomes). Expense data/rent roll are available upon request. Serious buyers only. Seller anticipates completing a 1031 Tax Exchange of relinquished property. Prospective buyers should consult with their lender(s) prior to making an appointment.
Highlights
Summary
- MLS Number: 73269285
- MLS Name: MLS Property Information Network
- Office Name: Venture
- Office Phone: (617) 340-9770
- Listing Agent: Janice Hathaway
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/4/2025, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,300,000
147 8th St
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $509,900 | $6,119 |
2023 | $433,800 | $6,199 |
2022 | $425,000 | $6,605 |
2021 | $425,000 | $6,626 |
2020 | $434,400 | $7,020 |
History based on county public records data.
Nearby schools
3
Sgt. William Carney Memorial Academy Elementary School
Public District PK-5
0.2 mi
•247 Elm St
4
Ellen R. Hathaway Elementary School
Public District PK-5
0.6 mi
•256 Court St
3
John A. Parker Elementary School
Public District PK-5
0.6 mi
•705 County St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $12,951. Residents of New Bedford, MA typically earn less than $<35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
Frequently asked questions
Living in New Bedford, MA
About 147 8th St
This home is located at 147 8th St in New Bedford, MA and zip code 02740. This 5,729 square foot home, which was built in 1870, sits on a 0.10 acre lot. Features: 17 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $1,300,000.
In January 2025 more than 16 listings in New Bedford, MA were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 22 were sold below. The number of homes for sale in New Bedford, MA decreased by 11.5% between December and January 2025. The median list price of listings available in January 2025 was $449,980, while the average time on the real estate market was 49 days.