$849,900
$25K PRICE DROP

49 Nye St New Bedford, MA 02746

Riverside Park Neighborhood

Estimated payment $5,334/month

Total Views 11,473
13 Beds
5 Baths
5,100 Sq Ft
$167 Price per Sq Ft

About This Home

Welcome to a rare offering—two separate multi-family buildings on one expansive lot, combining for a total of 13 bedrooms and 5 bathrooms. Whether you're looking to expand your investment portfolio or begin building long-term wealth, this property delivers exceptional value, space, and flexibility. Each building features well-maintained units with thoughtful layouts, generous natural light, and strong rental potential. The setup offers a mix of unit sizes to accommodate a variety of tenants, maximizing occupancy and income. With multiple income streams across two structures, this is an ideal opportunity for seasoned investors or those just entering the multifamily market. Located in a convenient area close to amenities, transit, and shopping, this property is positioned for strong demand and long-term growth. Don’t miss the chance to own a high-yield asset with immediate upside.

Listing Agent

Ronald Oliveira

RE/MAX Vantage Listed on: 07/03/2025

RE/MAX Vantage

Co-Listing Agent

David Morro

RE/MAX Vantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,450

Year Built

  • Built in 1890

Lot Details

  • 4,452 Sq Ft Lot
  • Level Lot

Home Design

  • 5,100 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 5 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number M:0099 L:0106,2899295

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $87,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,450

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1890
  • Levels: 5
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 13
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Above Grade Finished Sq Ft: 5100
  • Living Area: 5100
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN3217
  • LIST PRICE PER Sq Ft: 166.65
  • PRICE PER Sq Ft: 166.65

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0099 L:0106,2899295
  • Zoning: MUB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4452
  • Lot Size Units: Acres
  • PAGE: 42

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8450
  • Tax Book Number: 13752

Multi Family

  • Gross Income: 87600
  • Net Operating Income: 87600
  • Number Of Units Total: 5
  • Total Actual Rent: 5850
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $849,900 -2.9% $167 / Sq Ft
07/03/2025 07/03/25 For Sale $875,000 +90.2% $172 / Sq Ft
04/09/2021 04/09/21 Sold $460,000 +2.2% $90 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $450,000 -- $88 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73399519

MLS Property Information Network (MLS PIN)

Massachusetts Bristol County New Bedford 02746 Riverside Park

49 Nye St, New Bedford, MA

This home is located at 49 Nye St, New Bedford, MA 02746 and is currently priced at $849,900, approximately $166 per square foot. This property was built in 1890. 49 Nye St is a home located in Bristol County with nearby schools including Hayden McFadden Elementary School, Keith Middle School, and New Bedford High School.

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Ronald Oliveira
Listing Agent
Ronald Oliveira
Section Image
RE/MAX Vantage
(508) 921-7121