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Fully Rented 3-Family Investment Opportunity in New Bedford. New Bedford investors take notice. This fully rented 5-bedroom, three-family property is generating income from day one and offers a strong opportunity to add a cash-flowing asset to your portfolio. Conveniently located near the commuter rail to Boston, major highways, schools, shopping, and local amenities, this property combines location, stability, and low-maintenance ownership. With all units occupied, this is an ideal opportunity for investors seeking immediate rental income and turnkey operation. Whether you're expanding your portfolio or entering the multifamily market, this income-producing property is worth a look.Property being sold “As Is.”

More Info

Basic Information

  • Lot Features Level
  • Mls StatusActive
  • Parcel Number M:0071 L:0307,2895073

Tax Information

  • Tax Assessed Value $416,400
  • Tax Year 2025
  • Taxes$4,709

Parking

  • Open Parking YN Yes
  • Parking Spaces

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms5
  • Full Bath3

Basic Information

  • List Price$550,000
  • MLS Number73514219
  • Modification Date05/10/2026
  • Property SubType3 Family

Location

  • Address518 Cottage Street
  • Building Number518
  • CountyBristol
  • StateMA
  • StreetCottage Street
  • TownNew Bedford
  • Zip02740

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Stone
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms14
  • Stories3
  • Units3
  • Year Built1892
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.07

Exterior

  • Fencing Fenced
  • RoofShingle

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,160
  • Lot Size Square Feet 3,202
  • Lot Size Units Acres
  • Square Feet2,160

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
  • Other AmenitiesBasement

Legal

  • ZoningRB

Other

  • Date Listed05/07/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Michelle Gerez of RE/MAX Impact

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