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194-194 Riverside Ave #R, New Bedford, MA, 02746

--beds
0baths
26,910sqft
$1,600,000
$59price/sqft
$15,933/moest. monthly cost
$637,320/yrincome needed

About This Home

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.

Getting Around

81
WalkingVery Walkable
31
TransitSome Transit
50
BikeBikeable

Schools

3/10
Normandin Middle SchoolGrades 6-81.0 mi
1/10
New Bedford High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1925

Materials

  • Foundation: Granite,Slab
  • Roof: Rubber
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Features

  • Finished area above ground: 26,910

Interior Area

  • Total structure area: 26,910
  • Total interior livable area: 26,910 sqft

Property

Details

  • Parcel number: M:0105 L:0183,2900208
  • Zoning: (IB)

Features

  • Has view: Yes
  • View description: Water,Public Water View
  • Has water view: Yes
  • Water view: Public,Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,River

Lot

  • Lot size: 2.91 Acres
  • Features: Easements

Parking

  • Total spaces: 60
  • Parking features: Off Street
  • Uncovered spaces: 60