37 S 6th St Open House Save Request In-Person Tour Request Virtual Tour
New Bedford,MA 02740
OPEN HOUSE
Sat Aug 23, 12:00pm - 2:00pm Sun Aug 24, 12:00pm - 2:00pm
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,015 sqft
Price per Sqft $135
MLS Listing ID 73419187
Bedrooms 6
Full Baths 9
Year Built 1834
Annual Tax Amount $12,241
Tax Year 2025
Lot Size 0.290 Acres
Property Sub-Type 5-9 Family
Property Description
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.
Location
State MA
County Bristol
Zoning RA
Interior
Flooring Wood
Exterior
Garage Spaces 4.0
Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Laundromat,Conservation Area,House of Worship,Private School,Public School,T-Station,University
Roof Type Other
Building
Lot Description Corner Lot
Story 4
Foundation Brick/Mortar
Sewer Public Sewer
Water Public