CCertihomes
1 Pearl St & Es Acushnet Ave, New Bedford, MA 02740

$5,000,000

0 beds 2 baths 17,549 sqft Built 1920Active

About this home

Calling all investors & retail end users! This is a proposed transit-oriented development (TOD) site that offers high visibility from Route 18! Here is your Business Opportunity right near the soon to be Commuter Rail Depot & Wind Energy project on the New Bedford Waterfront area! This is a 3.16 acre site ready to be developed in anticipation of the commuter railway. It is in walking distance to the future train stop platform as well as the Port of New Bedford, Nantucket & Martha's Vineyard Sea Streak Ferry terminal! TODS benefit people, cities & the environment. This 3 + acre lot presents tremendous development potential for parking, residential & mixed use development .Buildings could have prime views of Historic New Bedford & Buzzards Bay. New Bedford is a unique seaport city with the largest commercial fishing port , a new transit system & countless ameneties, major employers, academic institutions, beaches, harbor walks, shops, dining, musems & a thriving art community! Get on board!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$31,027/mo

Real estate (PITI + HOA + PMI)
$32,141
Principal + interest$22,677
Property tax + insurance$7,589
PMI / 2nd mortgage$1,875
Utilities
$1,051
Heating + cooling$364
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$132
Car insurance + maintenance$132
Other (entertainment)
$157
$31,027/mo TLC
Budget$31,527/mo
Remaining after TLC$500/mo
Purchase price
$5,000,000
Down payment
$250,000 (5%)
Loan amount
$4,750,000
APR
4%

Quick facts

Type
COM
Style
Year built
1920
Lot size
3.16 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$28,782
MLS #
73065480
County
Bristol

Home features

Roof
Tar/Gravel

Neighborhood — 02740

MetricThis ZIPCountyUSA
Population47,3786,444,931299,088,112
Population Change Since1990-7.00%7.00%20.00%
Population Density9,026786
Male22,3033,127,134147,432,321
Female25,0293,317,797151,655,844
Never Married12,1771,612,88563,775,926
Married15,8882,586,314123,120,365
Separated2,572247,85712,639,686
Widowed3,607363,59415,467,586
Divorced4,382436,88823,075,029
Number Of House Hold19,3132,431,591111,826,380
Average House Hold Size2.382.562.60
Medial Age37.3237.2535.46
Median House Hold Income$31,701$57,698$48,276
Average House Hold Income$41,189$75,023$63,629
P C I$17,613$29,196$24,529
M D I$28,302$48,105$41,133
A T H E$38,489$57,083$50,898
S T R5.00%5.00%
W C J82.65%81.38%77.74%
(Zip) Code
2740

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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Listing information last refreshed 12/16/2022. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.