51 County St, New Bedford, MA 02744
This exceptional investment opportunity presents a vacant, versatile five-unit multifamily property situated on a 0.06-acre lot at 51 County St, New Bedford, MA, 02744. The 4,500 square foot building offers a mix of unit sizes to cater to diverse rental needs: two two-bedroom units, two one-bedroom units, and one three-bedroom unit. Currently vacant, this property provides a unique opportunity for an investor to establish their own tenant base and rental rates, maximizing income potential. Its prime location in New Bedford offers convenient access to major roadways and local amenities, ensuring high tenant demand. The property is listed at $667,500 and presents a strong potential for steady rental income, making it an attractive addition to any real estate portfolio. This is a multifamily property with commercial zoning, offering flexibility for future uses. The property's layout and location make it an ideal investment for both seasoned investors and those new to the rental market. This is a rare opportunity to acquire a well-positioned multifamily property in a thriving Massachusetts market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.