CCertihomes
1123 Rockdale Ave, New Bedford, MA 02740

$3,300,000

0 beds 0 baths Built 1975Active

About this home

Calling all developers and senior living groups! Here's a golden opportunity to transform this once-operating nursing home into a vibrant hub for community living. With 40 rooms, 99 beds, multiple 1/2 bathrooms, with a flexible floor plan, the possibilities are endless. Whether you're envisioning a modern living facility, a dynamic day facility, or retaining its original purpose as a nursing home, this property is primed for success. Located in a residential neighborhood with easy access to schools and essential services, it offers convenience and comfort. Plus, with City and State tax incentives and financing options available, seizing this project is not just a smart move but a transformative one. Let's breathe new life into this space together. Blueprints are ready for your perusal—let's make dreams a reality!

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
$26,959/mo

Real estate (PITI + HOA + PMI)
$27,133
Principal + interest$14,967
Property tax + insurance$10,928
PMI / 2nd mortgage$1,238
Utilities
$1,657
Heating + cooling$667
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$132
Car insurance + maintenance$132
Other (entertainment)
$157
$26,959/mo TLC
Budget$27,459/mo
Remaining after TLC$500/mo
Purchase price
$3,300,000
Down payment
$165,000 (5%)
Loan amount
$3,135,000
APR
4%

Quick facts

Type
COM
Style
Year built
1975
Lot size
1.21 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$77,848
MLS #
73216548
County
Bristol

Home features

Roof
Asphalt/Composition Shingles

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.

Map & walkability

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MLSPIN

Listing information last refreshed 3/26/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.