Active
38 Days on market
49 Nelson St New Bedford — Photo 1 of 24

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

This Property
Size (SqFt) →Price →
This Property$193/sqft
Local Avg (New Bedford)$217/sqft
11% BelowMarket Average

* Analysis is based on 19 actively listed and recently sold comparable properties strictly within New Bedford, MA.

Property Details

Financials

Original Price$779,900
Annual Taxes$5,834

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms25
Fireplaces1
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningRC

Property & Lot

Acres0.07
SqFt Lot3,202
Lot FeaturesLevel

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 Provided By

Listing Agent: Lyndsey Pachon

Listing Office: Lyndsey Pachon

MLS® Number: 73558522

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