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Exceptional opportunity to acquire a 10-unit multifamily portfolio consisting of two well-maintained five-unit properties located at 258-260 Whitman Street and 192 Belleville Road, just minutes apart in New Bedford. This package includes a diverse unit mix of 2 three-bedroom, 2 two-bedroom, and 6 one-bedroom apartments, providing broad tenant appeal and income stability. With two vacant units ready for immediate lease-up, investors have the opportunity to quickly increase cash flow and capture additional value from day one. Whether you're expanding an established portfolio or completing a 1031 exchange, this offering provides scale, operational efficiency, and significant long-term upside within one of Southeastern Massachusetts' most active rental markets. The close proximity of both assets allows for simplified management while benefiting from New Bedford's continued economic investment, strong rental demand, and favorable growth outlook. Separate parcels and buildings being offered together as one investment package. Full Rent roll and OM attached. Group Showing 8/8 10:00-10:30 & 10:30-11:00 respectively starting at 258 Whitman. Appointment required.

More Info

Basic Information

  • Gross Income $98,400
  • Lot Features Level
  • Mls StatusNew
  • Parcel Number M:0107 L:0174,2900536

Tax Information

  • Tax Assessed Value $1,203,400
  • Tax Year 2025
  • Taxes$13,611

Parking

  • Parking Spaces6

Rooms

  • Bathroom10
  • Bathrooms Total Decimal 10
  • Bedrooms16
  • Full Bath10

Basic Information

  • List Price$1,300,000
  • MLS Number73559551
  • Modification Date08/05/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address258-260 Whitman Street
  • Building Number258-260
  • CountyBristol
  • StateMA
  • StreetWhitman Street
  • TownNew Bedford
  • Zip02745

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 3
  • Rooms38
  • Stories3
  • Units10
  • Year Built1910
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.47

Exterior

  • RoofShingle

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Other
  • Living Area 9,101
  • Lot Size Square Feet 20,473
  • Lot Size Units Acres
  • Square Feet9,101

Other

  • Date Listed08/05/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Derek Young of Longwood Residential,LLC

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