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258-260 Whitman St, New Bedford, MA 02745

$1,300,000
  • Main Photo

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Pending
BEDS16 BATHS10 full SQUARE FEET9,101 MLS#73559551
STATUSPending PROPERTY TYPEMulti Unit - Multiple

Property Description

Exceptional opportunity to acquire a 10-unit multifamily portfolio consisting of two well-maintained five-unit properties located at 258??260 Whitman Street and 192 Belleville Road, just minutes apart in New Bedford. This package includes a diverse unit mix of 2 three-bedroom, 2 two-bedroom, and 6 one-bedroom apartments, providing broad tenant appeal and income stability. With two vacant units ready for immediate lease-up, investors have the opportunity to quickly increase cash flow and capture additional value from day one. Whether you're expanding an established portfolio or completing a 1031 exchange, this offering provides scale, operational efficiency, and significant long-term upside within one of Southeastern Massachusetts' most active rental markets. The close proximity of both assets allows for simplified management while benefiting from New Bedford's continued economic investment, strong rental demand, and favorable growth outlook. Separate parcels and buildings being offered together as one investment package. Full Rent roll and OM attached. Group Showing 8/8 10:00-10:30 & 10:30-11:00 respectively starting at 258 Whitman. Appointment required.

258-260 Whitman St | MLS# 73559551

This multi-family property located at 258-260 Whitman St, New Bedford, MA 02745 is currently listed for sale with an asking price of $1,300,000. Search New Bedford real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.47 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $13,611
Year Built: 1910

Feature Descriptions

Building Area Total: 9101
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 42
Dwelling Type: 5+ Family - 5+ Units Up/Down
Exterior: Frame
Lot Features: Level
Parcel Number: M:0107 L:0174,2900536
Parking Total: 6
Rooms Total: 38
Sewer: Public Sewer
Units: 10
Water: Public

Listed By / Shown By

Listed By

Agency Name: Longwood Residential, LLC
Agent Name: Derek Young
Agency Phone: 617-396-3100

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Estimated Payment

$ 4,406.65 per month $2,893.24 Principal & Interest $1,134.25 Property Tax $379.17 Homeowner's Insurance

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