115 Hillman St, New Bedford MA 02740
About this home
Turnkey 7-Unit with Cash Flow & Upside – Ideal for Investors. 115 Hillman Street is a fully occupied, well-kept 7-unit in the heart of New Bedford’s rental market. With six 1-bedrooms and one 2-bedroom, it delivers reliable income with immediate upside through modest rent adjustments. Current gross rent is $8,498/month ($101,976 annually) with market rents supporting $10,350/month ($124,200 annually)—unlocking ~$22K more per year. Fully occupied with tenants-at-will (plus one lease), separate utilities, and updated finishes in select units. Prime location offers walkability to downtown, transit, and amenities, ensuring steady demand. For investors scaling their portfolio, this asset combines turnkey operations, strong cash flow, and growth potential in New Bedford’s competitive market. All financials, rent roll, and profit & loss statements are available in the MLS attachments section. OPEN HOUSE: SAT (10/4) & SUN (10/5), 2–4 PM.
Property Overview
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115 Hillman St, New Bedford MA 02740
New Bedford, MA 02740
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Property History
Property Timeline
Listed for Sale
Sep 30, 2025| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/30/2025 | 🏠 Listed for Sale | $874,995 | - | - | Original listing |