52 Ashley St
$750,000
12
Beds
6
Baths
4,842
Sqft
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$750,000
12
Beds
6
Baths
4,842
Living Area
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Property Description
Prime investor opportunity in New Bedford’s South End! This income-producing 5-unit property offers spacious floor plans and strong rental potential. Four units are well maintained with solid tenant history, while one unit provides a chance for cosmetic updates to boost value and increase cash flow. All units feature generous layouts with natural light and flexible living space. Located in a high-demand rental area near the waterfront, beaches, and vibrant South End amenities. Close to public transit and commuter access points, making it attractive to a wide tenant base. Separately metered utilities and low-maintenance vinyl siding keep operating costs down. Whether you're expanding your portfolio or looking for a value-add opportunity in a growing market, this property delivers on both potential and location. A rare chance to own a 5-family in one of the city’s most promising neighborhoods. Group showings only!
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Highlights
- Levels: 5
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 23
- Status: Active
- Property Class: Residential Income
- Stories: 5
- Year Built: 1910
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Additional Details
- Basement: Full, Bulkhead, Concrete, Unfinished
- Exterior Features: Rain Gutters, Varies per Unit
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Rc
- Construction: Frame
- Flooring: Tile, Vinyl, Varies, Laminate
- Lot Features: Cleared, Level
- Roof: Shingle
- Total Number of Units: 5
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Sidewalks
- Waterfront Features: Bay, 1/10 to 3/10 To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers, 60 Amps/Less, Individually Metered, Varies per Unit
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $489,500
- Taxes: $5,874
- Tax Year: 2024
- Total Rent: $6,500
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