49 Nelson St, New Bedford MA 02744
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$779,900

49 Nelson St, New Bedford MA 02744
New Bedford, MA 02744
Listed by Lyndsey Pachon
Bedrooms
12
Bathrooms
6
Living area
4,044 sqft
Year built
1892

About this home

49 Nelson Street presents a strong six-unit multifamily opportunity in Fall River 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

Fireplace

Property details

MLS #
73558522
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
17
On market date
August 3, 2026
Stories
5
Garage spaces
N/A
Lot size
0.07 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
John B Devalles
0.25 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
310
Student:teacher ratio
12.4:1
District
New Bedford
Middle
Roosevelt Middle School
0.81 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
796
Student:teacher ratio
10.6:1
District
New Bedford
High
Whaling City Junior/Senior High School
1.3 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
67
Student:teacher ratio
4.5:1
District
New Bedford

Mortgage calculator

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Est. monthly payment
$4,847/mo
$155,980 down
$623,920 loan
Principal & interest$4,047
Property tax (est.)$650
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 14 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.