52 Ashley St
$699,000
12
Beds
6
Baths
4,842
Sqft
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$699,000
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.
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Highlights
- Area: South
- Property Class: Residential Income
- Stories: 5
- Year Built: 1910
- Levels: 5
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 23
- Status: Active
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Additional Details
- Basement: Full, Interior Entry, Concrete
- Exclusions: Tenants Personal Belongings
- Flooring: Tile, Vinyl, Varies, Laminate
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 5
- Year Built Source: Public Records
- Construction: Frame
- Exterior Features: Varies per Unit
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rc
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Amenities
- Community Features: Public Transportation, Shopping, Laundromat, Highway Access, Sidewalks
- Waterfront Features: Bay, Ocean, Walk to, 3/10 to 1/2 Mile 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: $554,300
- Taxes: $6,269
- Tax Year: 2025
- Total Rent: $6,500
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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 RE/MAX Vantage.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.