$680,000
629 Purchase St
New Bedford, MA, 02740
Property is mixed use (2 buildings on 1 Lot) w/ a 5 family residence & a stand alone loft building currently permitted for residential use. Property also being offered at 6 figure discount if purchased with 65 Hillman St. Together, 11 rental incomes for sale at $1.22mm, comprised of 4 buildings: 65 Hillman Street & detached garage, 629 (5 units) & 623 (stand alone unit) Purchase St. (includes coin-op laundry). Tenants pay all of their own utilities. Many upgrades including newer architectural & rubber membrane roofs, high efficiency mini-splits (all Purchase St. units), replacement windows, circuit breakers, rehabbed interiors, new oil tank. Letter of Full Initial Lead Inspection Compliance for 65 Hillman St. 3rd floor apartment & common areas in hand. Properties feature desirable downtown locations close to restaurants, shops, museums & MBTA station. All public utilities, all units fully applianced, separated electrical services, fully fenced private yards. Please see other listings.
Property Details
Price:
$680,000
MLS #:
73313350
Status:
Active
Beds:
7
Baths:
6
Address:
629 Purchase St
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
Center
City:
New Bedford
Listed Date:
Nov 16, 2024
State:
MA
Finished Sq Ft:
5,765
Total Sq Ft:
5,765
ZIP:
02740
Lot Size:
5,506 sqft / 0.13 acres (approx)
Year Built:
1922
Units:
6
Schools
Interior
Bathrooms
6 Full Bathrooms
Fireplaces Total
4
Flooring
Tile, Hardwood
Exterior
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T- Station, University, Sidewalks
Construction Materials
Frame, Brick, Block
Exterior Features
Rain Gutters, Garden
Roof
Shingle, Rubber
Financial
Tax Year
2024
Taxes
$5,834
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Better Living Real Estate, LLC. 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.
629 Purchase St
New Bedford, MA
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