For Sale

39 Sycamore St, New Bedford, MA

New Bedford · MA 02740

$699,000
Price
12
Beds
3
Baths
2329
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1876
Units: 12 Units
Lot size: 3,768 Sq.Ft Lot
Price per square foot: $300 / Sq.Ft
Parking: No Parking

About this home

Discover an exceptional opportunity to acquire a high-performing, two-story, 12-room rooming house situated on a corner lot with a spacious backyard. Generating over $10,000 per month in rental income, this turnkey asset offers strong existing cash flow, an established management structure, and long-term upside, making it an ideal addition to any real estate portfolio. The property features a practical layout distributed across two floors, comprising 12 rooms, 2 full bathrooms, and 2 half bathrooms, while the expansive backyard provides valuable outdoor space for residents. Positioned on a prominent corner lot, there is added flexibility to explore adding a driveway or dedicated off-street parking, subject to local zoning regulations and municipal approvals. Investors will appreciate the established operation with a hands-on property manager overseeing day-to-day operations for a streamlined, hands-off ownership experience. Whether you are an experienced investor looking to scale your portfolio or seeking a reliable income-producing property with immediate return, this listing delivers a rare blend of stability and potential. Strong cash flow, established management, and outstanding potential make this a versatile investment not to miss; buyer and buyer’s agent to perform all due diligence regarding property details, square footage, room count, rental income, zoning, parking feasibility, and municipal approvals. Annual profit and loss data available upon request.

Neighborhood & Transit

39 Sycamore St, New Bedford · MA 02740

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • New Bedford Commuter Rail 1 route 0.30 mi
    • Fall River/New Bedford Line

Price Insight

Days on Market:
16 days
Listing Price:
$699,000
Price per Sq.Ft:
$300
Tax Assessment:
$540,200 in 2025
Taxes:
$509 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
2
Half Bathrooms
2
Living Area
2,329 Sq.Ft
Broker Disclosure about Living Area
Buyer and Buyers Agent Responsible for accuracy of square footage room size
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2329
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, 200 Amps

Exterior Features

Lot Size
3,768 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Philip Rebello
Listing office
Keller Williams South Watuppa
MLS PIN #
73592513
Disclosure
Buyer and Buyers Agent Responsible for accuracy of square footage room size