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$ 1,300,000
Est. payment | /mo
16 Beds
10 Baths
9,101 SqFt
$ 1,300,000
Est. payment | /mo
16 Beds
10 Baths
9,101 SqFt
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 9,101 sqft
Price per Sqft $142
MLS Listing ID 73559551
Bedrooms 16
Full Baths 10
Year Built 1910
Annual Tax Amount $13,611
Tax Year 2025
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Exceptional opportunity to acquire a 10-unit multifamily portfolio consisting of two well-maintained five-unit properties located at 258–260 Whitman Street and 192 Belleville Road, just minutes apart in New Bedford. This package includes a diverse unit mix of 2 three-bedroom, 2 two-bedroom, and 6 one-bedroom apartments, providing broad tenant appeal and income stability. With two vacant units ready for immediate lease-up, investors have the opportunity to quickly increase cash flow and capture additional value from day one. Whether you're expanding an established portfolio or completing a 1031 exchange, this offering provides scale, operational efficiency, and significant long-term upside within one of Southeastern Massachusetts' most active rental markets. The close proximity of both assets allows for simplified management while benefiting from New Bedford's continued economic investment, strong rental demand, and favorable growth outlook. Separate parcels and buildings being offered together as one investment package. Full Rent roll and OM attached. Group Showing 8/8 10:00-10:30 & 10:30-11:00 respectively starting at 258 Whitman. Appointment required.
Location
State MA
County Bristol
Zoning RC
Direction GPS
Exterior
Roof Type Shingle
Total Parking Spaces 6
Garage No
Building
Lot Description Level
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Longwood Residential, LLC
Nearby Locations
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