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Fully redeveloped 8-unit apartment building in the heart of downtown New Bedford, one of the city's strongest rental markets. Features six 1-bedroom units and two studios, all brand new and never occupied, with new kitchens, baths, flooring, fixtures, and finishes throughout. Major systems have been fully upgraded, creating a true turn-key, low-maintenance asset. All units fully occupied, providing immediate income, with gross rents of $13,300/month. First floor includes fully ADA-compliant units. Prime location near restaurants, waterfront, shops, galleries, and transit ensures strong demand and long-term stability. Rare opportunity to own a high-performing, fully renovated asset with premium cash flow and upside. Downtown has proven its stability and growth with consistent appreciation in prices and longevity of tenants because of its Downtown location! Recently appraised at 1,500,000; appraisal available to qualified buyers upon request.
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Listing provided by Ryan Brown, Naples Realty Group
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