CCertihomes
1532 Cove Rd Lot 73, New Bedford, MA 02740

$475,000

0 beds 0 baths Built 1964Active

About this home

Welcome to the ultimate automotive entrepreneur's dream - a sprawling commercial garage boasting a trifecta of licenses for car dealership, auto body work, and auto repairs. Situated in the south end of New Bedford, this expansive facility offers an unparalleled opportunity for automotive enthusiasts and business owners alike. With three car lifts, there's ample room to accommodate multiple projects simultaneously, ensuring seamless workflow and optimized productivity. Equipped with state-of-the-art machinery and tools, this garage is primed for handling a diverse array of automotive tasks, from intricate bodywork to comprehensive repairs and maintenance. The included licenses for car dealership, auto body, and auto repair services add unparalleled value, opening up endless possibilities for revenue streams and business expansion. This garage offers prime exposure to a steady flow of potential customers. Plus, with ample parking space for clients and employees. Come check it out

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
$4,916/mo

Real estate (PITI + HOA + PMI)
$4,544
Principal + interest$3,063
Property tax + insurance$1,303
PMI / 2nd mortgage$178
Utilities
$629
Heating + cooling$153
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$132
Car insurance + maintenance$132
Other (entertainment)
$157
$4,916/mo TLC
Budget$5,416/mo
Remaining after TLC$500/mo
Purchase price
$475,000
Down payment
$23,750 (5%)
Loan amount
$451,250
APR
7.2%

Quick facts

Type
COM
Style
Year built
1964
Lot size
0.19 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$7,962
MLS #
73215454
County
Bristol

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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MLSPIN

Listing information last refreshed 3/22/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.