52 Ash Street

52 Ash Street, New Bedford, MA 02740 is a large single-family mansion in the heart of New Bedford, Massachusetts, offered as a substantial value-add recovery housing opportunity. The building contains approximately 8,497 square feet and is configured for 36 total beds, including 4 private beds and 32 shared beds. Its size, layout, and central location make it especially well suited for recovery housing, behavioral health housing, or a mission-aligned residential use requiring substantial bed capacity.

Substantial capital improvements have already been completed, with a remaining scope of work needed to bring the project to completion. With an as-complete valuation of approximately $2 million and an estimated $120,000 of remaining work, a buyer has the opportunity to complete the final project scope, primarily life-safety and finish work, and potentially capture significant built-in equity upon stabilization. This is a completion-and-stabilization opportunity rather than a full redevelopment.

With 36 total beds and nearly 8,500 square feet, 52 Ash Street offers substantial capacity in a single location, which may support strong operating economics when paired with proper certification, compliance, staffing, resident screening, and recovery-focused management. New Bedford is a major coastal city in southeastern Massachusetts with access to transportation, employment, healthcare, community services, and regional recovery resources that support residents' stability and reintegration.

The property may suit an experienced recovery housing operator, mission-oriented investor, nonprofit-aligned housing provider, or value-add buyer able to manage the remaining construction and compliance process. Because of the property's scale and remaining scope, buyers should conduct detailed diligence on construction completion costs, fire protection and fire alarm systems, egress, code compliance, certification requirements, and long-term operating and maintenance obligations.