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Active

39 Sycamore St, New Bedford MA 02740

$699,000

Estimated $1,643/month Calculator

Multi Family

Total Units: 12

Price Per Unit: $58,250

Total Rent: 0/year

Estimated CAP Rate:

12 Bedrooms

Baths

2329

Total Parking: 0

3,768 (0.09)

Discover an exceptional opportunity to acquire a high-performing, two-story, 12-room rooming house situated on a corner lot with a spacious backyard. Generating over $10,000 per month in rental income, this turnkey asset offers strong existing cash flow, an established management structure, and long-term upside, making it an ideal addition to any real estate portfolio. The property features a practical layout distributed across two floors, comprising 12 rooms, 2 full bathrooms, and 2 half bathrooms, while the expansive backyard provides valuable outdoor space for residents. Positioned on a prominent corner lot, there is added flexibility to explore adding a driveway or dedicated off-street parking, subject to local zoning regulations and municipal approvals. Investors will appreciate the established operation with a hands-on property manager overseeing day-to-day operations for a streamlined, hands-off ownership experience. Whether you are an experienced investor looking to scale your portfolio or seeking a reliable income-producing property with immediate return, this listing delivers a rare blend of stability and potential. Strong cash flow, established management, and outstanding potential make this a versatile investment not to miss; buyer and buyer’s agent to perform all due diligence regarding property details, square footage, room count, rental income, zoning, parking feasibility, and municipal approvals.

This home has been viewed 5 times

Last Checked: October 23rd, 2026 at 6:28pm (Source: MLS PIN #73592513)

Gross Income: $0

Gross Expenses: $6,110

Net Income Calc: $6,110

Annual Expenses for 39 Sycamore St, New Bedford MA 02740

Total Gross Expenses (Calculated)$6,110/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6110

Annual Income & Unit Breakdown for 39 Sycamore St, New Bedford MA 02740

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms

Floor1

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms1

Bathrooms

Floor1

Levels in Unit1

Rent Includes

General Information for 39 Sycamore St, New Bedford MA 02740

Listing ID73592513

Property TypeMulti Family

Price699000 ($300.13/SqFt)

Style5+ Family - Rooming House

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total2329

Approximate Lot Size (Acres)0.09

Total Parking0

Garage Parking0

Year Built1876

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRB

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 39 Sycamore St, New Bedford MA 02740

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSurveillance Devices

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 39 Sycamore St, New Bedford MA 02740

Real Estate Taxes6110

Tax Year2025

Assessed Value$540,200

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 39 Sycamore St, New Bedford MA 02740

Neighborhood(s)

Area Amenities

Contact Information for 39 Sycamore St, New Bedford MA 02740

Agent

Name: Philip Rebello

Office

Name: Keller Williams South Watuppa

Phone: 508-677-3233

Payment Calculator

, Interest

Property Taxes 509.17

Principal & Interest 4307.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams South Watuppa

Philip Rebello

Agent Phone

Office Phone

(508) 677-3233

Text Agent Call Agent Call Office

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EXIT

13 More Photos

Active

39 Sycamore St, New Bedford MA 02740

$699,000

Annual Expenses for 39 Sycamore St, New Bedford MA 02740

Annual Income & Unit Breakdown for 39 Sycamore St, New Bedford MA 02740

General Information for 39 Sycamore St, New Bedford MA 02740

Disclosures for 39 Sycamore St, New Bedford MA 02740

Financial Information for 39 Sycamore St, New Bedford MA 02740

Location Information for 39 Sycamore St, New Bedford MA 02740

Contact Information for 39 Sycamore St, New Bedford MA 02740

Agent

Office

Payment Calculator

Exclusive Listing Agent

Keller Williams South Watuppa

Philip Rebello