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.
- Basement:
- Unfinished
- Parking:
- Paved Drive
- Appliances:
- Range, Refrigerator
- Construction:
- Frame
- Flooring:
- Wood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- financials
- Electric Feature:
- Individually Metered
- Garage Parking:
- 4
- Interior Features:
- Kitchen, Living Room
- Lead Paint:
- Unknown
- Road Type:
- Paved
- Rent Fee Includes:
- Unit 2(heat, Unit 4(heat, Water), Unit 1(heat, Unit 3(heat
- Market Time:
- 17
- Parking Spaces:
- 8
- Tax Year:
- 2025
- Status:
- Closed
- Price Per Sqft:
- $326
- Zoning:
- RC
- No Units:
- 7
- Orig Price:
- $847,900
- Fireplaces:
- 4
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- New Bedford
- State:
- MA
- County:
- Bristol
- Postal Code:
- 02740
- Longitude:
- W71° 4' 23.6''
- Latitude:
- N41° 37' 49.5''
Residential Income
46 S 6th St, New Bedford, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $847,900
- Bedrooms :
- 6
- Rooms :
- 24
- Total Bathrooms :
- 7
- Full Bathrooms :
- 7
- Square Footage :
- 5,914 Sqft
- Year Built :
- 1820
- Lot Area :
- 0.23 Acre
- Listing ID :
- 73419189
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com