194-R Riverside Ave New Bedford, MA

$1,600,000
Square Feet 26,910
Acres 2.91
Photo of 194-R Riverside Ave New Bedford MA 02746




Description

Presenting an exceptional opportunity to convert this industrial building into multi-family property located at 194-R Riverside Ave, New Bedford, MA. Constructed in 1925, this expansive residence offers a substantial 26,910 square feet of protentional living area, providing significant space for diverse residential configurations or strategic investment. Spanning two stories, the property is situated on a generous 126,759 square foot lot, offering considerable outdoor space and development opportunities. This distinguished property represents a compelling opportunity for discerning buyers seeking a significant multi-family asset in New Bedford. See attached due diligence progress. This property is located along the city's future Riverwalk Development initiative.


Listed by Lanagan & Co, Jason Lanagan

Details

MLS 73519513
Status Active
Price $1,600,000
DOM 31 days
Type Multi-Family
Square Feet 26,910 sqft
Lot Size 2.91 acres
Year Built 1925

Lot & Building Features

Construction Brick
Sewer Public Sewer
Tax Year 2026
Taxes Paid $17,371
Water Public
Foundation Granite, Slab
Roof Rubber
Parking Off Street
Garage Spaces 0
Waterfront River, Waterfront
Waterview Public, Walk to

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.