
56 Nye St New Bedford, MA 02746
Riverside Park NeighborhoodEstimated payment $4,667/month
About This Home
An ideal addition to any investor’s portfolio, this well-maintained six-family property offers both stability and potential. Each unit is outfitted with efficient gas baseboard heating and thoughtfully maintained interiors that reflect pride of ownership. The exterior features a paved driveway with off-street parking for four vehicles—an added convenience in a high-demand rental area. With a separate house meter for common areas and strong rental potential, this multifamily asset blends functionality with opportunity. Whether you're expanding your holdings or securing your first multifamily investment, this property is a smart move in today’s market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,314
Year Built
- Built in 1890
Lot Details
- 4,543 Sq Ft Lot
Parking
- 2 Car Parking Spaces
Home Design
- Stone Foundation
Interior Spaces
- 4,266 Sq Ft Home
- Property has 1 Level
- City Views
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Full Bathrooms
Community Details
- 6 Units
- Net Operating Income $60,000
Listing and Financial Details
- Assessor Parcel Number M:0099 L:0108,2899297
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/25/2025 07/25/25 | Price Changed | $759,900 | -5.0% | $178 / Sq Ft |
07/03/2025 07/03/25 | For Sale | $800,000 | +58.4% | $188 / Sq Ft |
05/03/2022 05/03/22 | Sold | $505,000 | -3.8% | $115 / Sq Ft |
02/05/2022 02/05/22 | Pending | -- | -- | -- |
01/25/2022 01/25/22 | For Sale | $525,000 | -- | $119 / Sq Ft |
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