Welcome to a rare offering—two separate multi-family buildings on one expansive lot, combining for a total of 13 bedrooms and 5 bathrooms. Whether you're looking to expand your investment portfolio or begin building long-term wealth, this property delivers exceptional value, space, and flexibility. Each building features well-maintained units with thoughtful layouts, generous natural light, and strong rental potential. The setup offers a mix of unit sizes to accommodate a variety of tenants, maximizing occupancy and income. With multiple income streams across two structures, this is an ideal opportunity for seasoned investors or those just entering the multifamily market. Located in a convenient area close to amenities, transit, and shopping, this property is positioned for strong demand and long-term growth. Don’t miss the chance to own a high-yield asset with immediate upside.
This home has been viewed 29 times
Last Checked: July 8th, 2025 at 5:33am (Source: MLS PIN #73399519)
Gross Income: $70,200
Gross Expenses: $8,450
Net Income Calc: $61,750
CAP Rate: 7.06%
Annual Expenses for 49 Nye St, New Bedford MA 02746
Total Gross Expenses (Calculated)$8,450/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,450
Annual Income & Unit Breakdown for 49 Nye St, New Bedford MA 02746
Total Gross Income (Calculated)$70,200
Unit 1
Rental Income$1,350
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,350
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,500
LeaseN
Bedrooms3
Bathrooms1 Full
Floor
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$1,650
LeaseN
Bedrooms2
Bathrooms1 Full
Floor
Levels in Unit1
HeatingNo
Rent Includes
General Information for 49 Nye St, New Bedford MA 02746
Listing ID73399519
Property TypeMulti Family
Price$875,000 ($171.57/SqFt)
Style5+ Family - 5+ Units Up/down
CityNew Bedford
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total5,100 SqFt
Approximate Lot Size (Acres)0.1 acres
Total Parking0
Garage Parking
Year Built1890
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningMUB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 49 Nye St, New Bedford MA 02746
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$87,600
Total Net Income By Broker$87,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 49 Nye St, New Bedford MA 02746
Real Estate Taxes$8,450
Tax Year2025
Assessed Value$747,100
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$87,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$87,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.06%
Location Information for 49 Nye St, New Bedford MA 02746
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 49 Nye St, New Bedford MA 02746