SOUTH-SIDE 6 UNIT INVESTMENT PROPERTY - (6) 2 Bedroom Units. Gross rental income over $50,000 per year. Low operating expenses. Tenants pay their own utilities. This is one of the better investment properties on the market. Walking distance to all local shopping amenities. Property is in overall good condition. Vinyl exterior, replacement windows, all units have very large kitchens with built-in china hutch. Wood floors in bedrooms & living rooms. Off St parking for 2 vehicles. Large walk-up attic. Separate storage rooms in basement. Click on the paper-clip in MLS to see income and expense breakdown. Property can be sold as a package deal with 5 Bullard Street (6 Unit) & 171 Coffin Ave (6 Unit).
Off market
$767,800
78 Nelson St, New Bedford, MA 02744
12beds
4,764sqft
MultiFamily
Built in 1912
-- sqft lot
$767,800 Zestimate®
$161/sqft
$1,804 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Interior area
- Total interior livable area: 4,764 sqft
Property
Lot
- Size: 3,049 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1912
Community & neighborhood
Location
- Region: New Bedford
Other
Other facts
- Amenities: Public Transportation, Shopping, Bike Path, Walk/Jog Trails
- Basement Feature: Full
- Foundation: Poured Concrete, Fieldstone, Concrete Block, Brick
- Hot Water: Natural Gas
- Lot Description: Paved Drive, Level
- Road Type: Public
- Beach Description: Bay, Harbor, Ocean
- Beach Miles To: 1/2 To 1 Mile
- Beachfront Flag: Yes
- Apod Available: Yes
- Mf Type: 5+ Family - 5+ Units Up/Down
- Terms Feature: Lease Back