49 Nelson Street presents a strong six-unit multifamily opportunity in Fall River with in-place income and established occupancy.The property offers six 2-bedroom $7150/month, or $85800 annually. With 12 bedrooms, 6 baths, and 4044 sq. ft.,the building also features separately metered units, supporting cleaner utility responsibility and investor underwriting. Conveniently located in the South End of New Bedford with easy highway access and walking distance to beach and pier New Bedford Harbor Walk. this income-producing asset offers immediate rental performance with room for continued long-term ownership upside. Buyer to verify all information and perform due diligence. Rent Roll/unit Details: Unit 1N: $1200, TAW; Unit 1S: $900, TAW; Unit 2N: $1300, Lease; Unit 2S: $1250, TAW; Unit 3N: $1250, TAW; Unit 3S: $1250, Lease
This home has been viewed 5 times
Last Checked: August 4th, 2026 at 10:08am (Source: MLS PIN #73558522)
Gross Income: $55,800
Gross Expenses: $5,834
Net Income Calc: $49,966
Annual Expenses for 49 Nelson St, New Bedford MA 02744
Total Gross Expenses (Calculated)$5,834/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5834
Annual Income & Unit Breakdown for 49 Nelson St, New Bedford MA 02744
Total Gross Income (Calculated)$55,800
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 49 Nelson St, New Bedford MA 02744
Listing ID73558522
Property TypeMulti Family / 5+ Family
Price779900 ($192.85/SqFt)
Style5-9 Family
CityNew Bedford
CountyBristol
Neighborhood(s)
Approximate Living Area Total4044
Approximate Lot Size (Acres)0.07
Total Parking0
Garage Parking0
Year Built1892
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 49 Nelson St, New Bedford MA 02744
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Property
Financial Data SourceEstimated
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 49 Nelson St, New Bedford MA 02744
Real Estate Taxes5834
Tax Year2025
Assessed Value$515,800
Financial Data SourceEstimated
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 49 Nelson St, New Bedford MA 02744
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 49 Nelson St, New Bedford MA 02744