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518 Cottage St, New Bedford MA 02740

$550,000

Estimated $1,284/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $183,333.33

Total Rent: 0/year

Estimated CAP Rate:

5 Bedrooms

Baths

2160

Total Parking: 0

3,202 (0.07)

Fully Rented 3-Family Investment Opportunity in New Bedford. New Bedford investors take notice. This fully rented 5-bedroom, three-family property is generating income from day one and offers a strong opportunity to add a cash-flowing asset to your portfolio. Conveniently located near the commuter rail to Boston, major highways, schools, shopping, and local amenities, this property combines location, stability, and low-maintenance ownership. With all units occupied, this is an ideal opportunity for investors seeking immediate rental income and turnkey operation. Whether you’re expanding your portfolio or entering the multifamily market, this income-producing property is worth a look.Property being sold “As Is.”

This home has been viewed 20 times

Last Checked: June 24th, 2026 at 7:13am (Source: MLS PIN #73514219)

Gross Income: $0

Gross Expenses: $4,709

Net Income Calc: $4,709

Water Views

Annual Expenses for 518 Cottage St, New Bedford MA 02740

Total Gross Expenses (Calculated)$4,709/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4709

Annual Income & Unit Breakdown for 518 Cottage St, New Bedford MA 02740

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 518 Cottage St, New Bedford MA 02740

Listing ID73514219

Property TypeMulti Family / 3 Family

Price550000 ($254.63/SqFt)

Style3 Family

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total2160

Approximate Lot Size (Acres)0.07

Total Parking0

Garage Parking0

Year Built1892

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 518 Cottage St, New Bedford MA 02740

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsFireplace Mantel In Living Room Is Excluded.

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 518 Cottage St, New Bedford MA 02740

Real Estate Taxes4709

Tax Year2025

Assessed Value$416,400

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 518 Cottage St, New Bedford MA 02740

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 518 Cottage St, New Bedford MA 02740

Agent

Name: Michelle Gerez

Office

Name: RE/MAX Impact

Phone: 508-717-3070

Payment Calculator

, Interest

Property Taxes 392.42

Principal & Interest 3388.93

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Impact

Michelle Gerez

Agent Phone

Office Phone

(508) 717-3070

Text Agent Call Agent Call Office

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EXIT

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Pending

518 Cottage St, New Bedford MA 02740

$550,000

Annual Expenses for 518 Cottage St, New Bedford MA 02740

Annual Income & Unit Breakdown for 518 Cottage St, New Bedford MA 02740

General Information for 518 Cottage St, New Bedford MA 02740

Disclosures for 518 Cottage St, New Bedford MA 02740

Financial Information for 518 Cottage St, New Bedford MA 02740

Location Information for 518 Cottage St, New Bedford MA 02740

Contact Information for 518 Cottage St, New Bedford MA 02740

Agent

Office

Payment Calculator

Exclusive Listing Agent

RE/MAX Impact

Michelle Gerez