$499,000
9 Abbott St
New Bedford, MA, 02744
Attention investors! This rare 3-unit multifamily offers significant upside potential in a desirable location near the Cove. Each unit features 2 bedrooms and 1 bathroom with separate gas and electric meters, giving tenants independence while simplifying ownership. Currently occupied by long-term tenants-at-will.The property is generating stable income with undermarket rents, allowing for immediate value-add through strategic rent adjustments.The building has deferred maintenance, which creates the perfect chance to Renovate, Rebrand, and Reposition for maximum returns. Situated on a quiet street with easy access to the Covewalk and hurricane barriers, this property also benefits from proximity to public transportation, restaurants, banks, and everyday conveniences—a highly attractive location for current and future renters.
Property Details
Price:
$499,000
MLS #:
73420551
Status:
Active
Beds:
6
Baths:
3
Address:
9 Abbott St
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
South End
City:
New Bedford
Listed Date:
Aug 20, 2025
State:
MA
Finished Sq Ft:
2,417
Total Sq Ft:
2,417
ZIP:
02744
Lot Size:
3,202 sqft / 0.07 acres (approx)
Year Built:
1896
Units:
3
Schools
Interior
Bathrooms
3 Full Bathrooms
Flooring
Wood, Carpet, Laminate
Exterior
Community Features
Public Transportation, Shopping, Laundromat, Highway Access, House of Worship
Construction Materials
Frame
Parking Features
Paved
Parking Spots
2
Roof
Shingle
Financial
Tax Year
2025
Taxes
$4,698
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 Bold Real Estate Inc.. 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.
9 Abbott St
New Bedford, MA
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