618 Summer St New Bedford — Photo 1 of 41
$649,900
Investment Analysis — 618 Summer St
New Bedford, MA 02746
Based on rent reported on the MLS listing, a 3-unit multi-family in 02746 carries $5,400/mo in gross rent — about a 6.58% cap rate and $42,738/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
3
SqFt
3,498
Style
3 Family - 3 Units Up/Down
Built
1914
**9 BEDROOMS! NEWLY OFFERED & WELL MAINTAINED!** First Time for Sale EVER! Welcome to 618 Summer St! Well Taken Care MASSIVE NEARLY 3500 S.F 3 Family in the Heart of New Bedford! Incredible Investment Opportunity for Investors or Owner Occupants Alike! This Property has SO MUCH TO OFFER - Beautiful Aesthetically Pleasing Exterior, FULLY VINYL SIDED Maintenance Free Exterior, MASSIVE GREEN BACKYARD, Side Driveway w/ Off Street Parking & More! Offering (3x) 3 Bedroom DOUBLE PARLOR Apartments Getting $1900, $1800 and $1700 per Month per Tenant! STRONG RENTS, WITH ROOM TO INCREASE! - GREAT INCOME POTENTIAL! Apartments are Clean, Spacious, Neat & Tenants pay ALL UTILITIES, Owner pays only water/sewer. No leases, TAW. Excellent Tenant/Commuter Location - Just Minutes to Highway Access, Downtown NB & Fairhaven, Shopping, Dining, Parks & More! Front Deck, Massive Fenced In Green Backyard - THIS ONE IS A GEM! Don't Miss your Chance to Own PRIME Real Estate in a BOOMING City!
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Medical Facility
Geography
Property History
$649,900
Aug 11, 2026
MLS® 73561963
$1,795
Mar 1, 2025
MLS® 73282836
$1,795
Aug 29, 2024
MLS® 73282836
Listing Agent: Adam Walorz
Listing Office: Redlon Realty LLC
MLS® Number: 73561963