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A great opportunity to add a fully occupied, income-producing six-family to your investment portfolio. The property consists of six 2-bedroom, 1-bath units, offering a total of 12 bedrooms and 6 baths, with established paying tenants already in place.The building underwent an extensive renovation in 2021, with improvements throughout the property including updated plumbing, electrical and heating systems, renovated kitchens and baths, granite countertops, LVP flooring, updated finishes and bright, modern interiors. A new roof was installed in 2020, taking care of another major capital improvement.The property also features coin-operated laundry in the basement, providing an additional source of income and a convenient amenity for residents. Outside, there is a driveway for off-street parking and a small yard.For an investor, the appeal is simple-the heavy lifting has already been done. Major systems and finishes have been updated, the units are occupied, and rental income is already being generated. This is an opportunity to step into an established multifamily property rather than taking on a building that requires extensive renovations before it can perform.Conveniently located in New Bedford with access to major highways, public transportation, shopping, restaurants, schools, medical facilities and downtown New Bedford, making it a practical location for continued rental demand.Whether you're looking to expand an existing portfolio or add a substantial multifamily asset, this property offers a strong combination of size, condition, existing occupancy and income potential.Fully occupied. Minimum 48-hour notice required for all showings.
More Info
Basic Information
- Gross Income $87,000
- Listing Terms Contract
- Mls StatusNew
- Parcel Number M:0092 L:0200,2898361
- Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Road Frontage DescriptionPaved
Tax Information
- Tax Assessed Value $571,200
- Tax Year 2025
- Taxes$6,460
Parking
- Open Parking YN Yes
- Parking Features Paved Drive, Off Street, Driveway, Paved
- Parking Spaces2
Rooms
- Bathroom6
- Bathrooms Total Decimal 6
- Bedrooms6
- Full Bath6
Basic Information
- List Price$749,000
- MLS Number73579201
- Modification Date09/17/2026
- Property SubType5-9 Family
Location
- Address86 Beetle Street
- Building Number86
- CountyBristol
- StateMA
- StreetBeetle Street
- TownNew Bedford
- Zip02746
Building
- BasementFull
- Building Area Units Square Feet
- Construction Materials Frame
- FoundationStone
- Levels 5
- Patio And Porch Features Porch, Deck
- Rooms20
- Stories5
- Units6
- Year Built1903
- Year Built Details Approximate
- Year Built Source Public Records
Property
- Acreage0.09
Interior
- Flooring Vinyl
- Interior Features Living Room, Kitchen
Exterior
- RoofShingle
Utilities
- Electric Circuit Breakers
- Heat SystemYes
- Heating Natural Gas
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Public Records
- Living Area 4,599
- Lot Size Square Feet 4,138
- Lot Size Units Acres
- Road Responsibility Public Maintained Road
- Square Feet4,599
Amenities
- Amenities
- Highway Access
- House of Worship
- Laundromat
- Medical Facility
- Public School
- Public Transportation
- Shopping
- Appliances IncludedRange
- Other AmenitiesBasement
Legal
- ZoningRC
Other
- Date Listed09/17/2026
- Farm Land Area Units Square Feet
Map Location
Listed by Becky Lynn Rosen of Rosen Property Management,Inc.
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