USAMANew Bedford393 Pleasant St
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393 Pleasant St, New Bedford, MA

Real Estate

For Sale

Listed price in listed location currency (USD).
$724,995

660

MLS® 73465645

Open House
Sun Jan 11, 5:00-7:00 PM UTCSat Jan 10, 5:00-7:00 PM UTC
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2558 sqft
Garage No
Taxes $5,862
Days Active 1
Lot Size 0.05 acres
Approx. Age 1890
Avg. Price Per Sqft $283
MLS® Number 73465645

Property Address: 393 Pleasant St, New Bedford, MA, 02740-5958

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey 6-Unit Multifamily with Strong Cash Flow & Clear Upside. 393 Pleasant Street presents a rare opportunity to acquire a well-maintained 6-unit multifamily in the heart of New Bedford’s growing rental market. The property consists of six 1-bedroom / 1-bath units, offering in-place cash flow with upside through lease-up and rent optimization. The building currently produces approximately $66, 228 in annual gross rent due to one vacant unit, while market rents support approximately $99, 600 annually, allowing investors to increase income through a rent-to-market strategy. Projected NOI based on market rents is $76, 631, providing attractive yield and long-term appreciation. The property features a consistent unit mix, solid layout, and updated exterior elements, making it efficient to manage and scale. Ideal for investors seeking predictable cash flow with value-add potential. OPEN HOUSE SCHEDULED FOR SATURDAY (1/10) AND SUNDAY (1/11) FROM 12-2 PM.
MLS® Number73465645
Laundry Level
Central VacNo
FireplaceNo
Acreage0.05
Exterior
GarageNo
Approx. Age1890
BasementUnfinished
DrivewayOff Street
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 6, 2026List Date
$724,995List Price
  • Commute

Commute

Starting Address
Destination Address
393 Pleasant St, New Bedford, MA

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