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About this home
Fantastic 7-Family in Prime New Bedford Location – Strong Cash Flow with Built-In Upside! Don’t miss this rare opportunity to own a well-maintained 7-unit property in one of New Bedford’s most desirable rental markets. The building features six spacious 1-bedroom units and one studio, currently producing $7,250/month with one unit vacant—offering a clear path to $10,000+/month once fully stabilized. Several units have already been tastefully renovated, and the property benefits from a newer roof and other recent improvements. Additional income potential exists by separating the shared heat, creating a significant boost to NOI over time. The property also offers off-street parking and separate electrical for each unit. Conveniently located near downtown, public transportation, and major highways, this asset combines strong in-place returns with excellent long-term growth potential—perfect for investors looking to scale their portfolio with a turnkey, cash-flowing property.
Facts & Features
Property Overview
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Parking & Garage
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Additional Details
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Neighborhood
46 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 | $847,900 | - | - | Original listing |