9 Abbott St New Bedford, MA 02744
The South End NeighborhoodEstimated payment $2,836/month
Highlights
- Beach Front
- Wood Flooring
- Coin Laundry
- Property is near public transit
- Shops
- 4-minute walk to Loretta Bourque Park
About This Home
Attention investors! This rare 3-unit multifamily offers significant upside potential in a desirable location near the Cove. Each unit features 2 bedrooms and 1 bathroom with separate gas and electric meters, giving tenants independence while simplifying ownership. Currently occupied by long-term tenants-at-will.The property is generating stable income with undermarket rents, allowing for immediate value-add through strategic rent adjustments.The building has deferred maintenance, which creates the perfect chance to Renovate, Rebrand, and Reposition for maximum returns. Situated on a quiet street with easy access to the Covewalk and hurricane barriers, this property also benefits from proximity to public transportation, restaurants, banks, and everyday conveniences—a highly attractive location for current and future renters.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,698
Year Built
- Built in 1896
Lot Details
- 3,202 Sq Ft Lot
- Beach Front
- Fenced
- Cleared Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,417 Sq Ft Home
- Property has 1 Level
- Basement
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Paved Parking
- 2 Open Parking Spaces
Additional Features
- Property is near public transit
- 3 Heating Zones
Listing and Financial Details
- Tax Lot 74
- Assessor Parcel Number M:0016 L:0074,2884739
Community Details
Amenities
- Shops
- Coin Laundry
Additional Features
- 3 Units
- Net Operating Income $30,720
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,698 | $415,400 | $77,000 | $338,400 |
| 2024 | $4,190 | $349,200 | $72,200 | $277,000 |
| 2023 | $3,785 | $264,900 | $61,600 | $203,300 |
| 2022 | $3,368 | $216,700 | $56,100 | $160,600 |
| 2021 | $3,293 | $211,200 | $56,100 | $155,100 |
| 2020 | $3,219 | $199,200 | $52,900 | $146,300 |
| 2019 | $2,798 | $169,900 | $52,900 | $117,000 |
| 2018 | $2,669 | $160,500 | $52,900 | $107,600 |
| 2017 | $2,480 | $148,600 | $52,900 | $95,700 |
| 2016 | $2,391 | $145,000 | $54,500 | $90,500 |
| 2015 | $2,259 | $143,600 | $56,100 | $87,500 |
| 2014 | $2,177 | $143,600 | $56,100 | $87,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/20/2025 10/20/25 | Price Changed | $475,000 | -4.8% | $197 / Sq Ft | |
| 08/20/2025 08/20/25 | For Sale | $499,000 | +305.7% | $206 / Sq Ft | |
| 03/29/2019 03/29/19 | Sold | $123,000 | 0.0% | $49 / Sq Ft | View Prior Sale |
| 03/05/2019 03/05/19 | Pending | -- | -- | -- | |
| 02/25/2019 02/25/19 | Off Market | $123,000 | -- | -- | |
| 01/25/2019 01/25/19 | For Sale | $149,900 | -- | $59 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $123,000 | -- | |
| Quit Claim Deed | $123,000 | -- | |
| Foreclosure Deed | $8,000 | -- | |
| Foreclosure Deed | $8,000 | -- | |
| Deed | $95,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $116,850 | New Conventional | |
| Closed | $116,850 | New Conventional | |
| Previous Owner | $15,000 | No Value Available | |
| Previous Owner | $80,000 | Purchase Money Mortgage |
About the Listing Agent
Patricia has been a licensed attorney involved in real estate for over 20 years. She is experienced in residential and commercial real estate transactions, zoning hearing and opinions, real estate investments and developments, and solving difficult title issues. She is a devout believer in the power of real estate to create wealth and opportunities for everyone, IF, they are guided by educated and experienced professionals. With the on-set of more and more ‘internet companies”, she has seen
Patricia's Other Listings
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73420551
APN: NEWB-000016-000000-000074
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Ask me questions while you tour the home.