
46 S 6th St New Bedford, MA 02740
Downtown New Bedford NeighborhoodEstimated payment $5,411/month
Highlights
- Medical Services
- 0.23 Acre Lot
- Property is near public transit
- Granite Flooring
- Deck
- 4-minute walk to Monte Park
About This Home
Fantastic 7-Family in Prime New Bedford Location – Strong Cash Flow with Built-In Upside! Don’t miss this rare opportunity to own a well-maintained 7-unit property in one of New Bedford’s most desirable rental markets. The building features six spacious 1-bedroom units and one studio, currently producing $7,250/month with one unit vacant—offering a clear path to $10,000+/month once fully stabilized. Several units have already been tastefully renovated, and the property benefits from a newer roof and other recent improvements. Additional income potential exists by separating the shared heat, creating a significant boost to NOI over time. The property also offers off-street parking and separate electrical for each unit. Conveniently located near downtown, public transportation, and major highways, this asset combines strong in-place returns with excellent long-term growth potential—perfect for investors looking to scale their portfolio with a turnkey, cash-flowing property.
Open House Schedule
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Saturday, August 23, 20252:00 to 4:00 pm8/23/2025 2:00:00 PM +00:008/23/2025 4:00:00 PM +00:00Add to Calendar
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Sunday, August 24, 20252:00 to 4:00 pm8/24/2025 2:00:00 PM +00:008/24/2025 4:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,488
Year Built
- Built in 1820
Lot Details
- 9,875 Sq Ft Lot
- Near Conservation Area
Parking
- 4 Car Garage
- Driveway
- Open Parking
Home Design
- Frame Construction
Interior Spaces
- 5,914 Sq Ft Home
- Property has 1 Level
- 4 Fireplaces
- Living Room
- Range
- Unfinished Basement
Flooring
- Wood
- Granite
Bedrooms and Bathrooms
- 6 Bedrooms
- 7 Full Bathrooms
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Separate Meters
Listing and Financial Details
- Rent includes unit 1(heat water), unit 2(heat water), unit 3(heat water), unit 4(heat water)
- Assessor Parcel Number M:0041 L:0023,2889243
Community Details
Overview
- 7 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/18/2025 08/18/25 | For Sale | $847,900 | -- | $143 / Sq Ft |
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