Located in New Bedford's North End, this rare 6-family is fully rented, presenting an excellent investment opportunity. Consisting of over 5,500 sq ft of GLA, this sprawling vinyl-sided, well-maintained multifamily property is ideally located just minutes from the new MBTA station, highway access, and Downtown New Bedford. Each unit features 2 bedrooms and has separately metered utilities (gas & electric). There are 60-amp circuit breakers (including the house panel), 6 individual gas-fired water heaters, and Humphrey space heaters in each unit. Off-street parking for four is a huge bonus. The walk-up attic and spacious basement offer additional storage. The income-producing coin-operated washing machines & dryers pass with the sale. Each unit has a Letter of Full Deleading Compliance, which can be found on leadsafehomes.mass.gov/leadsafehomes/. Rents are currently below market rate, creating a rare opportunity for investors. This is one you may want to add to your portfolio.
This home has been viewed 39 times
Last Checked: November 25th, 2025 at 8:44am (Source: MLS PIN #73454844)
Gross Income: $64,296
Gross Expenses: $17,838
Net Income Calc: $46,458
CAP Rate: 5.16%
Annual Expenses for 334 Earle St, New Bedford MA 02746
Total Gross Expenses (Calculated)$17,838/year
APOD AvailableYes
Heating
Electricity$669
Water$3,307
Gas$3,307
Insurance$6,695
Sewer$3,307
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,167
Annual Income & Unit Breakdown for 334 Earle St, New Bedford MA 02746
Total Gross Income (Calculated)$64,296
Unit 1
Rental Income$1,300
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water), Unit 3(water), Unit 4(water)
Unit 2
Rental Income$1,300
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water), Unit 3(water), Unit 4(water)
Unit 3
Rental Income$1,458
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water), Unit 3(water), Unit 4(water)
Unit 4
Rental Income$1,300
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit0
HeatingYes
Rent IncludesUnit 2(water), Unit 3(water), Unit 4(water)
General Information for 334 Earle St, New Bedford MA 02746
Listing ID73454844
Property TypeMulti Family / 5+ Family
Price$900,000 ($161.46/SqFt)
Style5-9 Family
CityNew Bedford
CountyBristol
MLS AreaNorth
Neighborhood(s)
Approximate Living Area Total5,574 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking4
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel, Corner Lot
Foundation Area1656
Foundation DescriptionIrregular
Accessible Features
Outdoor SpacePorch
ZoningRB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 334 Earle St, New Bedford MA 02746
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$16,948
Total Gross Income By Broker$95,500
Total Net Income By Broker$78,552
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 334 Earle St, New Bedford MA 02746
Real Estate Taxes$7,167
Tax Year2025
Assessed Value$633,700
Financial Data SourceOwner
Total Gross Expenses By Broker$16,948
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$95,500
BostonRealEstate.com Gross Income
Total Net Income By Broker$78,552
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.16%
Location Information for 334 Earle St, New Bedford MA 02746
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaNorth
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s), Marina, Private School, University, Sidewalks
Contact Information for 334 Earle St, New Bedford MA 02746