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.
For sale
$947,900
37 S 6th St, New Bedford, MA 02740
6beds
7,015sqft
Est.:
5-9 Family
Built in 1834
-- sqft lot
$-- Zestimate®
$135/sqft
$-- HOA
What's special
Newer roofDetached garageOff-street parking
- 8 days
- on Zillow |
- 513 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: August 22, 2025 at 12:06am
Listed by:
Candor Realty Group,
Four Points Real Estate, LLC,
Andrew Freed
Source: MLS PIN,MLS#: 73419187
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 9
- Full bathrooms: 9
Features
- Living Room, Kitchen
- Flooring: Wood
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 7,015
- Total interior livable area: 7,015 sqft
- Finished area above ground: 7,015
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Patio & porch: Porch, Deck - Wood
Lot
- Size: 0.29 Acres
- Features: Corner Lot
Details
- Parcel number: M:0046 L:0136,2890687
- Zoning: RA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Brick/Mortar
- Roof: Other
Condition
- Year built: 1834
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, House of Worship, Private School, Public School, T-Station, University
Location
- Region: New Bedford
Financial & listing details
- Price per square foot: $135/sqft
- Tax assessed value: $1,082,300
- Annual tax amount: $12,241
- Date on market: 8/18/2025
- Total actual rent: 10000
- Road surface type: Paved
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