$725,000
12
Beds
6
Baths
4,044
Living Area
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Property Description
49 Nelson Street presents a strong six-unit multifamily opportunity in New Bedford with in-place income and established occupancy.The property offers six 2-bedroom $7150/month, or $85800 annually. With 12 bedrooms, 6 baths, and 4044 sq. ft.,the building also features separately metered units, supporting cleaner utility responsibility and investor underwriting. Conveniently located in the South End of New Bedford with easy highway access and walking distance to beach and pier New Bedford Harbor Walk. this income-producing asset offers immediate rental performance with room for continued long-term ownership upside. Buyer to verify all information and perform due diligence. Rent Roll/unit Details: Unit 1N: $1200, TAW; Unit 1S: $900, TAW; Unit 2N: $1300, Lease; Unit 2S: $1250, TAW; Unit 3N: $1250, TAW; Unit 3S: $1250, Lease
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Highlights
- Levels: 5
- Property Type: 5-9 Family
- Total Rooms: 25
- Status: Active
- Property Class: Residential Income
- Stories: 5
- Year Built: 1892
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Additional Details
- Fireplaces: 1
- Lot Features: Level
- Total Number of Units: 6
- Year Built Source: Public Records
- Foundation: Concrete Perimeter
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rc
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Amenities
- Community Features: Public Transportation, Highway Access
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $515,800
- Taxes: $5,834
- Tax Year: 2025
- Total Rent: $7,100
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Lyndsey Pachon.
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