39 Sycamore St, New Bedford, MA 02740
39 Sycamore St, New Bedford, MA 02740
39 Sycamore St, New Bedford, MA 02740
16
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$699,000
Est. payment /mo
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12 Beds
3 Baths
2,329 SqFt
New

39 Sycamore St New Bedford, MA 02740

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Hector Cocar

Hector Cocar

+1(617) 977-4500

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - Rooming House

Listing Status Active

Purchase Type For Sale

Square Footage 2,329 sqft

Price per Sqft $300

MLS Listing ID 73592513

Bedrooms 12

Full Baths 2

Half Baths 2

Year Built 1876

Annual Tax Amount $6,110

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type 5+ Family - Rooming House

Property Description

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.

Location

State MA

County Bristol

Zoning RB

Direction State st to Sycamore

Rooms

Basement Partially Finished, Interior Entry

Interior

Flooring Wood

Laundry Gas Dryer Hookup, Washer Hookup

Exterior

Utilities Available for Gas Dryer, Washer Hookup

Waterfront Description Bay,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle

Garage No

Building

Lot Description Other

Story 5

Foundation Granite, Irregular

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Keller Williams South Watuppa

NEARBY SCHOOL & BUSINESS

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Hector Cocar

Hector Cocar

Agent License ID: 9551056

+1(617) 977-4500

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39 Sycamore St