Well-located multi-family property in a long-established New Bedford neighborhood featuring three deleaded, well-proportioned units, each offering a 2-bedroom, 1-bathroom layout with practical and functional floor plans. The consistent unit configuration provides flexibility for a range of ownership strategies. The property is fully occupied with leases in place, generating $56,400 in annual rental income. Exterior storage adds convenient space for tenant or owner use, while off-street parking and a manageable lot contribute to ease of use and maintenance. Conveniently situated near public transportation, schools, shopping, parks, and major routes, this property represents a solid opportunity in a proven rental market.
This home has been viewed 57 times
Last Checked: March 27th, 2026 at 4:29am (Source: MLS PIN #73467724)
Gross Income: $56,400
Gross Expenses: $5,653
Net Income Calc: $50,747
Annual Expenses for 21 Salisbury St, New Bedford MA 02744
Total Gross Expenses (Calculated)$5,653/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5653
Annual Income & Unit Breakdown for 21 Salisbury St, New Bedford MA 02744
Total Gross Income (Calculated)$56,400
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 21 Salisbury St, New Bedford MA 02744
Listing ID73467724
Property TypeMulti Family / 3 Family
Price564000 ($222.84/SqFt)
Style3 Family
CityNew Bedford
CountyBristol
Neighborhood(s)
Approximate Living Area Total2531
Approximate Lot Size (Acres)0.08
Total Parking4
Garage Parking0
Year Built1893
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRC
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 21 Salisbury St, New Bedford MA 02744
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsNo
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 21 Salisbury St, New Bedford MA 02744
Real Estate Taxes5653
Tax Year2025
Assessed Value$499,800
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 21 Salisbury St, New Bedford MA 02744
Neighborhood(s)
Area Amenities
Contact Information for 21 Salisbury St, New Bedford MA 02744