CCertihomes
617-623 Brock Ave, New Bedford, MA 02744

$360,000

0 beds 0 baths Built 1922Active

About this home

New Price: Three-unit commercial property situated on a well-trafficked main thoroughfare in New Bedford’s growing South End/Clark’s Point neighborhood abutting Hazelwood Park. Two units are ideal for retail/office and the end unit is currently set up for a restaurant/diner with equipment to be included in the sale. Recent improvements include a newer brick storefront & roof, updated electrical, and newer heating/cooling systems for one of the units. In addition, the building is in a mixed-use zone allowing for possible infill redevelopment to incorporate residential units. Units have been previously occupied by retail shops, dance school, and a diner. For an investor or business owner seeking their next location, this property is well worth a tour - centrally located near East and West Beaches, Fort Rodman/Taber, the Harborwalks, Kilburn Mills, and Cisco Brewery.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$3,891/mo

Real estate (PITI + HOA + PMI)
$3,498
Principal + interest$2,321
Property tax + insurance$1,042
PMI / 2nd mortgage$135
Utilities
$585
Heating + cooling$131
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$132
Car insurance + maintenance$132
Other (entertainment)
$157
$3,891/mo TLC
Budget$5,000/mo
Remaining after TLC$1,109/mo
Purchase price
$360,000
Down payment
$18,000 (5%)
Loan amount
$342,000
APR
7.2%

Quick facts

Type
COM
Style
Year built
1922
Lot size
0.08 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$6,752
MLS #
73200109
County
Bristol

Neighborhood — 02744

MetricThis ZIPCountyUSA
Population12,1786,444,931299,088,112
Population Change Since1990-10.00%7.00%20.00%
Population Density8,497786
Male5,9053,127,134147,432,321
Female6,2733,317,797151,655,844
Never Married3,2371,612,88563,775,926
Married4,3482,586,314123,120,365
Separated515247,85712,639,686
Widowed843363,59415,467,586
Divorced890436,88823,075,029
Number Of House Hold4,9552,431,591111,826,380
Average House Hold Size2.452.562.60
Medial Age34.0937.2535.46
Median House Hold Income$28,045$57,698$48,276
Average House Hold Income$37,508$75,023$63,629
P C I$15,567$29,196$24,529
M D I$25,369$48,105$41,133
A T H E$36,368$57,083$50,898
S T R5.00%5.00%
W C J74.54%81.38%77.74%
(Zip) Code
2744

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

Map & walkability

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MLSPIN

Listing information last refreshed 2/7/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.