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    89 S 6Th St New Bedford, MA 02740

    For Sale
    $749,995

    Fully occupied 6-unit property with cash flow and upside potential.

    Lot size:
    0.14 Acres

    Property Features for 89 S 6Th St

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1900

    Source: Four Points Real Estate, LLC Agent Candor Realty Group

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey 6-Unit Investment Property

    This is a fully occupied, well-kept 6-unit property located in a top rental neighborhood of New Bedford. The property features a mix of studios and 1-bedroom units. The current gross rent is $7,225 per month, with market rents supporting $8,500 per month. There is potential for immediate upside through modest adjustments and upgrades. Tenants are at will. Select units have updated finishes. The property has separate electric meters. Its location offers walkability to downtown, transit, and amenities. It is suitable for investors scaling their portfolio, delivering stability, cash flow, and growth potential in one of New Bedford’s strongest markets.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9266875
    Latitude
    41.6275785

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied 6-unit property with cash flow and upside potential.
    Where is this apartment building located?
    The property is located at 89 S 6Th St New Bedford, MA.
    What is the asking price?
    The asking price for this property is $749,995.
    What are key features of this property?
    This property features: - Strong cash flow with immediate upside: Currently generating $7,225/month with potential to reach $8,500/month through modest rent adjustments and upgrades.; - Turnkey & fully occupied: A well-maintained, fully occupied 6-unit property, ensuring immediate income for investors.; - Prime location: Located in one of New Bedford's top rental neighborhoods, walkable to downtown, transit, and amenities.
    (978) 710-5616
    Request Owner's contact information
    89 S 6Th St New Bedford, MA 02740
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    New Bedford, MA 02740
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    89 S 6Th St New Bedford, MA 02740
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