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About this home
Fantastic 8-Family in Prime New Bedford Location – Strong Cash Flow with Immediate Upside! This well-maintained property is a rare find for investors seeking a stabilized, income-producing asset in one of New Bedford’s most desirable rental markets. Featuring six 1-bedroom units and two studios, the property is currently generating $8,500/month with one unit delivered vacant, providing a clear path to over $11,000/month once fully stabilized. Many units have already been renovated, and recent property improvements include a newer roof and separately metered gas and electric, keeping operating costs low. Additional income potential exists through off-street parking and a detached garage. Located close to downtown, public transportation, and major highways, this property offers a strong in-place return with long-term growth potential. OPEN HOUSE: SATURDAY (8/23) AND SUNDAY (8/24) FROM 12-2 PM.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
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Parking & Garage
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Financial & Tax Information
Additional Details
Location
Neighborhood
37 S 6th St, New Bedford MA 02740
New Bedford, MA 02740
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Property History
Property Timeline
Listed for Sale
Aug 18, 2025Date | Event | Price | Change | $/sqft | Details |
---|---|---|---|---|---|
08/18/2025 | 🏠 Listed for Sale | $947,900 | - | - | Original listing |