For Sale
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Property summary
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.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the New Bedford market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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