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21 Salisbury St, New Bedford MA 02744

$499,000

Estimated $1,280/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $166,333.33

Total Rent: 56400/year

Estimated CAP Rate:

6 Bedrooms

Baths

2531

Total Parking: 4

3,319 (0.08)

One of the best-priced fully occupied deleaded 3-family properties currently available in New Bedford generating $4,700/month in rental income. Excellent opportunity for investors looking to secure an income-producing asset in one of the South Coast’s strongest rental markets. Property features separate utilities, vinyl siding, off-street parking, stable occupancy, functional layouts with consistent rental demand, and additional shed storage. Conveniently located near downtown New Bedford, public transportation, shopping, restaurants, parks, major highways, and the waterfront. Rare opportunity to acquire a fully occupied multi-family with immediate income from day one. Property being sold as is.

This home has been viewed 20 times

Last Checked: May 30th, 2026 at 4:38am (Source: MLS PIN #73523542)

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

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 21 Salisbury St, New Bedford MA 02744

Listing ID73523542

Property TypeMulti Family / 3 Family

Price499000 ($197.16/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 MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

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

ExclusionsFurniture

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

Agent

Name: Daniel Garcia

Office

Name: Jason Mitchell Group

Phone: 833-471-3337

Payment Calculator

, Interest

Property Taxes 471.08

Principal & Interest 3074.68

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Jason Mitchell Group

Daniel Garcia

Agent Phone

Office Phone

(833) 471-3337

Text Agent Call Agent Call Office

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EXIT

18 More Photos

Active

21 Salisbury St, New Bedford MA 02744

$499,000

Annual Expenses for 21 Salisbury St, New Bedford MA 02744

Annual Income & Unit Breakdown for 21 Salisbury St, New Bedford MA 02744

General Information for 21 Salisbury St, New Bedford MA 02744

Disclosures for 21 Salisbury St, New Bedford MA 02744

Financial Information for 21 Salisbury St, New Bedford MA 02744

Location Information for 21 Salisbury St, New Bedford MA 02744

Contact Information for 21 Salisbury St, New Bedford MA 02744

Agent

Office

Payment Calculator

Exclusive Listing Agent

Jason Mitchell Group

Daniel Garcia