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Fully Rented 3-Family Investment Opportunity in New Bedford. New Bedford investors take notice. This fully rented 5-bedroom, three-family property is generating income from day one and offers a strong opportunity to add a cash-flowing asset to your portfolio. Conveniently located near the commuter rail to Boston, major highways, schools, shopping, and local amenities, this property combines location, stability, and low-maintenance ownership. With all units occupied, this is an ideal opportunity for investors seeking immediate rental income and turnkey operation. Whether you're expanding your portfolio or entering the multifamily market, this income-producing property is worth a look.Property being sold “As Is.”

More Info

Basic Information

  • Lot Features Level
  • Mls StatusUnder Agreement
  • Parcel Number M:0071 L:0307,2895073

Location

  • Address518 Cottage Street
  • Building Number518
  • CountyBristol
  • StateMA
  • StreetCottage Street
  • TownNew Bedford
  • Zip02740

Exterior

  • Fencing Fenced
  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 2,160
  • Lot Size Square Feet 3,202
  • Lot Size Units Acres
  • Square Feet2,160

Tax Information

  • Tax Assessed Value $416,400
  • Tax Year 2025
  • Taxes$4,709

Basic Information

  • List Price$550,000
  • MLS Number73514219
  • Modification Date06/23/2026
  • Property SubType3 Family
  • Purchase Contract Date06/19/2026

Property

  • Acreage0.07

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
  • Other AmenitiesBasement

Other

  • Date Listed05/07/2026
  • Farm Land Area Units Square Feet
  • View Count1

Parking

  • Open Parking YN Yes
  • Parking Spaces

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms5
  • Full Bath3

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Stone
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms14
  • Stories3
  • Units3
  • Year Built1892
  • Year Built Details Actual
  • Year Built Source Public Records

Map Location

Listed by Michelle Gerez of RE/MAX Impact

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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