$725,000
About this home
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
Highlights
Property details
- MLS #
- 73558522
- Property type
- 5-9 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 62
- On market date
- August 3, 2026
- Stories
- 5
- Total bathrooms
- 6
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.07 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 310
- Student:teacher ratio
- 12.4:1
- District
- New Bedford
- Enrollment
- 796
- Student:teacher ratio
- 10.6:1
- District
- New Bedford
- Enrollment
- 67
- Student:teacher ratio
- 4.5:1
- District
- New Bedford
Walkability
Blended score for New Bedford's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in New Bedford, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 7 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.