$950,000 ($61.91 per sqft)

Pending

Est. Mortgage $4,804/mo *

Quick Pre-Approval

414-430 Rivet St, New Bedford, (South), MA, 02740

414-430 Rivet St, New Bedford, (South), MA, 02740

26 rooms

14 beds

4 Full / 3 Half baths

1921

15,345 sqft

Significant Price Improvement: Presenting this architecturally significant landmark in the City of New Bedford: This historic gem, known as The Thomas Building, is believed to have been constructed in 1921. Originally housing a beloved department store, it has long served as an anchor to Goulart Square and the vibrant South End community. Comprising of five storefront units, including a spacious 2500+ sqft area most recently utilized as a restaurant, this property offers diverse commercial potential. Additionally, the second and third floors boast four residential units, two four bedrooms and two three bedrooms, providing a perfect blend of work and living spaces. Situated in a neighborhood sharing the city's exciting and exponential growth, the Thomas Building is a rare property and a truly coveted investment opportunity.


Status:

Pending

Town:

New Bedford

Type:

Multi-family

Units:

9

Zoning:

MUB

Levels:

9

Parking:

4-car Off Street

Acreage:

0.23

Est. Taxes:

$10,854

Assessment

$892,600

Construction

Frame, Brick

Lot Description:

Corner Lot

Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, University

MLS #:

73130620

Buyer Agent Compensation:

2

Facilitator Compensation:

0

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

No


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of The Mathew J. Arruda Group, Compass