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Patti Hunt

realtor@pattihunt.com +1(401) 263-8700

$ 947,900

Est. payment | -/mo

6 Beds

9 Baths

7,015 SqFt

Save

$ 947,900

Est. payment | -/mo

Save

6 Beds

9 Baths

7,015 SqFt

Open House

Sat Aug 23, 12:00pm - 2:00pm

Sun Aug 24, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,015 sqft

Price per Sqft $135

MLS Listing ID 73419187

Bedrooms 6

Full Baths 9

Year Built 1834

Annual Tax Amount $12,241

Tax Year 2025

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type 5-9 Family

Property Description

Fantastic 8-Family in Prime New Bedford Location – Strong Cash Flow with Immediate Upside! This well-maintained property is a rare find for investors seeking a stabilized, income-producing asset in one of New Bedford's most desirable rental markets. Featuring six 1-bedroom units and two studios, the property is currently generating $8,500/month with one unit delivered vacant, providing a clear path to over $11,000/month once fully stabilized. Many units have already been renovated, and recent property improvements include a newer roof and separately metered gas and electric, keeping operating costs low. Additional income potential exists through off-street parking and a detached garage. Located close to downtown, public transportation, and major highways, this property offers a strong in-place return with long-term growth potential. OPEN HOUSE: SATURDAY (8/23) AND SUNDAY (8/24) FROM 12-2 PM.

Location

State MA

County Bristol

Zoning RA

Direction Please use GPS.

Rooms

Basement Unfinished

Interior

Interior Features Living Room, Kitchen

Flooring Wood

Appliance Range, Refrigerator

Exterior

Garage Spaces 4.0

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, House of Worship, Private School, Public School, T-Station, University

Roof Type Other

Total Parking Spaces 4

Garage Yes

Building

Lot Description Corner Lot

Story 4

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Four Points Real Estate, LLC

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37 S 6th St New Bedford, MA 02740