
49 Nelson St New Bedford — Photo 1 of 24
$779,900
49 Nelson St, New Bedford, MA 02744
New Bedford, MA 02744
Beds
12
Baths
6
SqFt
4,044
Style
5-9 Family
Built
1892
49 Nelson Street presents a strong six-unit multifamily opportunity in Fall River with in-place income and established occupancy.The property offers six 2-bedroom $7150/month, or $85800 annually. With 12 bedrooms, 6 baths, and 4044 sq. ft.,the building also features separately metered units, supporting cleaner utility responsibility and investor underwriting. Conveniently located in the South End of New Bedford with easy highway access and walking distance to beach and pier New Bedford Harbor Walk. this income-producing asset offers immediate rental performance with room for continued long-term ownership upside. Buyer to verify all information and perform due diligence. Rent Roll/unit Details: Unit 1N: $1200, TAW; Unit 1S: $900, TAW; Unit 2N: $1300, Lease; Unit 2S: $1250, TAW; Unit 3N: $1250, TAW; Unit 3S: $1250, Lease
Market Value Analysis
* Analysis is based on 19 actively listed and recently sold comparable properties strictly within New Bedford, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Highway Access
Geography
Population
12,716
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$59K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
65.6%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Bristol County
1,041 housing units permitted in the last 12 months (+36% vs the prior 12 months) — 481 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Lyndsey Pachon
Listing Office: Lyndsey Pachon
MLS® Number: 73558522
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