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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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87 Tremont St , New Bedford, MA 02740
$660,000
Est. Payment: $1,466.67/mo
0 Bed
0 Bath
8061 Sqft
Status: Active | Days on site: 81
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AN8760 - CT001657
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House Description

Rare opportunity to acquire a self-storage facility in New Bedford offering immediate income and substantial upside potential. This approximately 8,061 sq ft industrial building features 31 storage units with a mix of 6x6 and 10x15 units, on-site parking, and a half bath for operational convenience. Current gross annual income is approximately $49,200, with multiple vacant units providing an excellent opportunity to increase occupancy and boost cash flow. The property offers public water and sewer, gas heat, overhead garage doors, and a functional layout designed for efficient self-storage operations. Strategically located near downtown New Bedford, major roadways, residential neighborhoods, and local businesses, creating a strong customer base and long-term demand. Ideal for investors seeking a stable income-producing asset with significant value-add potential through lease-up and rent optimization.

Highlights

Listed by Cheryl Perry , 508-965-0103 Lamacchia Realty, Inc , 508-441-4446.

Property Type

Commercial Sale

Lot/Acreage
0.26

Year Built

1930

County

Bristol

Listing ID

73542934

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Legal Conforming
Roof:Shingle
Principal Interest
$1,467
Taxes
$597

Home Price

$660,000

Loan Details

30 yrs
%

Down Payment

20%
$132,000
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Monthly Price:
$1,466.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,466.67 $597.33 $0.00 $2,064.00
Yearly $17,600.00 $7,168.00 $0.00 $24,768.00
Total $528,000.00 $215,040.00 $0.00 $743,040.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (New Bedford, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.