A great opportunity to add a fully occupied, income-producing six-family to your investment portfolio. The property consists of six 2-bedroom, 1-bath units, offering a total of 12 bedrooms and 6 baths, with established paying tenants already in place.The building underwent an extensive renovation in 2021, with improvements throughout the property including updated plumbing, electrical and heating systems, renovated kitchens and baths, granite countertops, LVP flooring, updated finishes and bright, modern interiors. A new roof was installed in 2020, taking care of another major capital improvement.The property also features coin-operated laundry in the basement, providing an additional source of income and a convenient amenity for residents. Outside, there is a driveway for off-street parking and a small yard.For an investor, the appeal is simple—the heavy lifting has already been done. Major systems and finishes have been updated, the units are occupied, and rental income is already being generated. This is an opportunity to step into an established multifamily property rather than taking on a building that requires extensive renovations before it can perform.Conveniently located in New Bedford with access to major highways, public transportation, shopping, restaurants, schools, medical facilities and downtown New Bedford, making it a practical location for continued rental demand.Whether you're looking to expand an existing portfolio or add a substantial multifamily asset, this property offers a strong combination of size, condition, existing occupancy and income potential.Fully occupied. Minimum 48-hour notice required for all showings.
This home has been viewed 5 times
Last Checked: September 18th, 2026 at 10:28am (Source: MLS PIN #73579201)
Gross Income: $69,000
Gross Expenses: $6,460
Net Income Calc: $62,540
Water Views
Annual Expenses for 86 Beetle St, New Bedford MA 02746
Total Gross Expenses (Calculated)$6,460/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6460
Annual Income & Unit Breakdown for 86 Beetle St, New Bedford MA 02746
Total Gross Income (Calculated)$69,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 86 Beetle St, New Bedford MA 02746
Listing ID73579201
Property TypeMulti Family / 5+ Family
Price749000 ($162.86/SqFt)
Style5-9 Family
CityNew Bedford
CountyBristol
Neighborhood(s)
Approximate Living Area Total4599
Approximate Lot Size (Acres)0.09
Total Parking2
Garage Parking0
Year Built1903
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRC
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 86 Beetle St, New Bedford MA 02746
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSee Broker
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 86 Beetle St, New Bedford MA 02746
Real Estate Taxes6460
Tax Year2025
Assessed Value$571,200
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 86 Beetle St, New Bedford MA 02746
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 86 Beetle St, New Bedford MA 02746