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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. Annual profit and loss data available upon request.

More Info

Basic Information

  • Lot Features Other
  • Mls StatusActive
  • Parcel Number M:0065 L:0209,2894142

Tax Information

  • Tax Assessed Value $540,200
  • Tax Year 2025
  • Taxes$6,110

Parking

  • Parking Features Off Street
  • Parking Spaces

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 3
  • Bedrooms12
  • Full Bath2
  • Half Baths2

Basic Information

  • List Price$650,000
  • MLS Number73592513
  • Modification Date11/08/2026
  • Property SubType5+ Family - Rooming House

Location

  • Address39 Sycamore Street
  • Building Number39
  • CountyBristol
  • StateMA
  • StreetSycamore Street
  • TownNew Bedford
  • Zip02740

Building

  • BasementPartially Finished, Interior Entry
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationGranite, Irregular
  • Levels 5
  • Patio And Porch Features Porch
  • Rooms12
  • Stories5
  • Units12
  • Utilities For Gas Dryer, Washer Hookup
  • Year Built1876
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.09

Interior

  • Flooring Wood

Exterior

  • RoofShingle

Utilities

  • Electric Circuit Breakers,200+ Amp Service
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,329
  • Lot Size Square Feet 3,768
  • Lot Size Units Acres
  • Square Feet2,329

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
  • Other AmenitiesBasement

Water Body

  • Miles to Beach2
  • Waterfront Features Bay, Ocean,1 to 2 Mile To Beach, Beach Ownership(Public)

Other

  • Date Listed10/19/2026
  • Farm Land Area Units Square Feet
  • View Count2

Map Location

Driving Directions

Listed by Philip Rebello of Keller Williams South Watuppa

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