1566-1570 Acushnet Ave - Apartments FOR SALE


New Bedford, MA 02746
$1,800,000 USD
774-992-0297
1566-1570 Acushnet Ave, New Bedford, MA for Sale
$1,800,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

1566-1570 Acushnet Ave
New Bedford, MA 02746


OVERVIEW

Incredible investment opportunity! Now is your chance to own what is known as the "Bay State TV" building, an Acushnet Avenue icon known from its duration as the Bay State TV store for much of the mid-century where much of the TV brand signage still decorates the building as an homage. Originally the New York Garment Store, a bridal boutique, this property has been home to many New Bedford residents and businesses. This is an excellent opportunity to diversify an investment portfolio, as the property includes 6 three-bedroom apartments, 6 one-bedroom apartments, two commercial storefronts, and a small parking lot. Sitting just one mile from the Church Street MBTA station to Boston, two miles to the Seastreak Ferry terminals to Martha's Vineyard and Nantucket, and a short ride to Providence, this property is centrally located. New Bedford is home to many beaches, parks, a lively downtown area, a vibrant arts community, and so much more making this a prime location for investment. Reach out to Hailey Oliveira at (774) 328-1215 for more information and showings

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$83 USD /SF

# OF UNITS

12

PRICE/UNIT

$150,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,215 SF

ZONING

2BUS

APN/PARCEL ID

NEWB-000104-000000-000015

ASK ABOUT THIS PROPERTY

Ronald OliveiraRE/MAX VantageMore Info
774-992-0297

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ronald OliveiraRE/MAX VantageMore Info
774-992-0297

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.