629 Purchase St New Bedford MA 02740 MLS #73313350

629 Purchase St
New Bedford, MA, 02740
$680,000
7 Beds
6 Baths
5,765 SqFt
0.13 Acres
$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

Net Operating Income
$64,200
Tax Year
2024
Taxes
$5,834
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby

629 Purchase St
New Bedford, MA