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.
For sale
$499,000
9 Abbott St, New Bedford, MA 02744
6beds
2,417sqft
Est.:
3 Family
Built in 1896
-- sqft lot
$500,900 Zestimate®
$206/sqft
$-- HOA
What's special
- 3 days
- on Zillow |
- 294 |
- 22 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 21, 2025 at 12:31am
Listed by:
Patricia McArdle,
Bold Real Estate Inc.,
Heather Macedo
Source: MLS PIN,MLS#: 73420551
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Wood, Carpet, Laminate
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,417
- Total interior livable area: 2,417 sqft
- Finished area above ground: 2,417
Property
Parking
- Total spaces: 2
- Parking features: Paved
- Has uncovered spaces: Yes
Features
- Fencing: Fenced/Enclosed
- Waterfront features: 1/2 to 1 Mile To Beach
Lot
- Size: 3,202 Square Feet
- Features: Cleared
Details
- Parcel number: M:0016 L:0074,2884739
- Zoning: RC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1896
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship
Location
- Region: New Bedford
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $415,400
- Annual tax amount: $4,698
- Date on market: 8/20/2025
- Exclusions: Tenants' Portable Washer/Dryers
- Total actual rent: 2560
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