Active
40 Days on market
49 Nelson St New Bedford — Photo 1 of 24

49 Nelson St New Bedford — Photo 1 of 24

$779,900

Investment Analysis — 49 Nelson St

New Bedford, MA 02744

Based on rent reported on the MLS listing, a 6-unit multi-family in 02744 carries $7,100/mo in gross rent — about a 7.55% cap rate and $58,918/yr in estimated NOI at the $779,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

12

Baths

6

SqFt

4,044

Style

5-9 Family

Built

1892

49 Nelson Street presents a strong six-unit multifamily opportunity in Fall River with in-place income and established occupancy.The property offers six 2-bedroom $7150/month, or $85800 annually. With 12 bedrooms, 6 baths, and 4044 sq. ft.,the building also features separately metered units, supporting cleaner utility responsibility and investor underwriting. Conveniently located in the South End of New Bedford with easy highway access and walking distance to beach and pier New Bedford Harbor Walk. this income-producing asset offers immediate rental performance with room for continued long-term ownership upside. Buyer to verify all information and perform due diligence. Rent Roll/unit Details: Unit 1N: $1200, TAW; Unit 1S: $900, TAW; Unit 2N: $1300, Lease; Unit 2S: $1250, TAW; Unit 3N: $1250, TAW; Unit 3S: $1250, Lease

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$779,900
Annual Taxes$5,834

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms25
Fireplaces1
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningRC

Property & Lot

Acres0.07
SqFt Lot3,202
Lot FeaturesLevel

Neighborhood

Public Transportation • Highway Access

Geography

Listing Provided By

Listing Agent: Lyndsey Pachon

Listing Office: Lyndsey Pachon

MLS® Number: 73558522