76 Cottage St - Multi-Family FOR SALE


New Bedford, MA 02740- Downtown New Bedford
$879,000 USD
216-314-0106
76 Cottage St, New Bedford, MA for Sale
$879,000 USD
Multi-Family - FOR SALE
1/53
null | 7% Cap Rate

76 Cottage St
New Bedford, MA 02740
Downtown New Bedford


OVERVIEW

Rare opportunity to own a beloved 4-family Whaling Captain’s home built in 1846 on the desirable West Side of New Bedford. Rich in history and architectural character, this property offers a rare blend of historic charm and rental income potential, making it an excellent owner-occupant or investor opportunity.Original details include hardwood floors, crown molding, velvet wallpaper, and high ceilings throughout the apartments.Two units feature private balconies overlooking a rose garden. The potential owner’s unit includes a renovated bathroom with double sinks, European fixtures, a glass walk-in shower, and in-unit washer and dryer. A shared basement laundry serves the other three units.Opportunity exists to expand an upper unit by ~1,000 sq ft by finishing the partially completed attic with existing plumbing and electrical.Additional features include a dry basement with four storage bays and a private driveway with parking for 2–3 cars.

FOR SALE DETAILS

PRICE

$879,000 USD

PRICE/SF

$151 USD /SF

# OF UNITS

4

PRICE/UNIT

$219,750

CAP RATE

7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

76 Cottage, Whaling Mansion

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1846

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

Ra

APN/PARCEL ID

NEWB-000041-000000-000290

ASK ABOUT THIS PROPERTY

Elliott GarlockAdvise RealtyMore Info
216-314-0106

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Elliott GarlockAdvise RealtyMore Info
216-314-0106

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