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
Acres 0.29
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
Direction Please use GPS.
Rooms
Basement Unfinished
Interior
Interior Features Living Room,Kitchen
Flooring Wood
Appliance Range,Refrigerator
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
Total Parking Spaces 4
Garage Yes
Building
Lot Description Corner Lot
Story 4
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false