Exceptional Investment Opportunity – APPROVED 8-Unit Development Site in Prime Downtown New Bedford. Presenting a rare chance to secure a fully approved multi-family development in the heart of historic downtown New Bedford, Massachusetts. This shovel-ready project offers investors a streamlined path to construction with zoning and site plans already approved by the city. Situated in a high-demand rental market, this property's interior has been demolished, cleaned, and ready for immediate build-out. With all major groundwork completed, you can pull permits and get to work without delay. The site is approved for an 8-unit apartment building, ideal for maximizing rental income or long-term asset growth in one of the South Coast's most promising urban revitalization zones!
This home has been viewed 92 times
Last Checked: June 9th, 2025 at 4:29am (Source: MLS PIN #73312851)
Gross Income: $0
Gross Expenses: $4,676
Net Income Calc: $4,676
CAP Rate: -0.72%
Annual Expenses for 110 8th St, New Bedford MA 02740
Total Gross Expenses (Calculated)$4,676/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,676
Annual Income & Unit Breakdown for 110 8th St, New Bedford MA 02740
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 110 8th St, New Bedford MA 02740
Listing ID73312851
Property TypeMulti Family
Price$650,000 ($144.77/SqFt)
Style5+ Family - 5+ Units Up/down
CityNew Bedford
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total4,490 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking5 (1 Garage)
Garage Parking1 / Detached
Year Built1850
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual,Approximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionGranite
Accessible Features
Outdoor Space
ZoningMUB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 110 8th St, New Bedford MA 02740
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 110 8th St, New Bedford MA 02740
Real Estate Taxes$4,676
Tax Year2024
Assessed Value$389,700
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.72%
Location Information for 110 8th St, New Bedford MA 02740
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, House Of Worship, Public School, Shopping, Medical Facility, Laundromat, Public Transportation
Contact Information for 110 8th St, New Bedford MA 02740