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49 Nelson St

New Bedford MA 02744

12
6
4044 sq. ft.
3202 sq. ft.
Other
Currently for sale - view listing

Overview

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

Features

12 bedrooms
6 bathrooms
4044 sq. ft. floor area
3202 sq. ft. lot size
Other

Property history for 49 Nelson St

2020
Sold
$315,000
18 Dec 2020 by The Echelon Group, of Lion Gate Real Estate, Inc.
2017
Sold
$180,000
16 Oct 2017
2010
Sold
$115,000
22 Nov 2010 by Ronald Oliveira, of Century 21 Hughes & Carey

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Local market activity for 12 bedroom other properties in New Bedford

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