Investment Analysis — 164 Chestnut Street

This New Bedford two-family brings together classic character, flexible living space and strong potential for an owner occupant or investor. Offering nearly 2,000 sq ft, the first-floor unit features 2 bedrooms, a spacious living room, dining room, sunroom, a kitchen with updated counters/refrigerator, pantry and remodeled bath, while the second-floor unit provides 3 bedrooms, hardwood flooring, a pantry and skylight. Original details add personality throughout, including hardwood floors in each unit. A rear deck and fenced yard extend the living space outdoors. Numerous recent updates provide added comfort, efficiency, and peace of mind, including two upgraded water heaters, updated electrical with an Emporia energy monitor and whole-house surge protector, and all-upgraded plumbing. The roof is under five years old, while the updated solar skylight brings in plenty of natural light. Outside, enjoy the updated expansive covered front deck and recent siding updates, adding to the home’s curb appeal and functionality. With a a full basement and access to public transportation, this property offers versatility for rental income, multigenerational living or an owner occupied looking to offset their mortgage. Property offered at $499,000 with exterior accepted in its current condition. If buyer requires seller to paint the exterior prior to closing, seller will require a purchase price of $515,000. The seller intends to paint the exterior depending on the terms of an accepted offer but reserves the right not to do so. Buyer should not rely on exterior painting unless agreed to in writing.