$10,000

closing credit¹

147 8th St New Bedford, MA 02740

$1,300,000
17 beds
7 full, 1 partial
5,729 sqft
0.10 acres
$227 / sqft
Multi-Family

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

Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
Size5,729 sqft
BasementYes
Lot size0.1 Acres
Year built1870
MLS #73269285
WaterfrontBeach, Ocean Front

Summary

  • MLS Number: 73269285
  • MLS Name: MLS Property Information Network
  • Office Name: Venture
  • Office Phone: (617) 340-9770
  • Listing Agent: Janice Hathaway

IDX 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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

81%
<35k
14%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

89%
Single, No Kids
4%
Single, with Kids
5%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
2%
12-17 yrs old
16%
18-34 yrs old
44%
35-64 yrs old
34%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Chico'sChico's
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Burger KingBurger King
  • Bob EvansBob Evans

What do the neighbors drive?

  • CadillacCadillac
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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