$825,000
$950,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
414-430 Rivet St New Bedford, MA 02740
14 Beds
5.5 Baths
15,345 SqFt
Key Details
Sold Price $825,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,345 sqft
Price per Sqft $53
MLS Listing ID 73130620
Sold Date 07/23/24
Bedrooms 14
Full Baths 4
Half Baths 3
Year Built 1921
Annual Tax Amount $10,853
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Property Description
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.
Location
State MA
County Bristol
Area South
Zoning MUB
Direction From Allen Street, Head south on County Street, Turn right on Rivet Street.
Interior
Fireplaces Number 2
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, University
Waterfront false
Waterfront Description Beach Front,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)
Total Parking Spaces 4
Garage No
Building
Lot Description Corner Lot
Story 9
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Dan & Johnny Team • Kava Realty Group, Inc.