aisellshomes.space

$1,300,000

Active

258-260 Whitman St

New Bedford, MA, 02745

Multi-Family · MLS #73559551

Price/sqft

$143

Days on market

8 days

Year built

1910

Lot size

0.47 ac

9,101 sq ft

Sq Ft

0.47 acres

Lot

1910

Year Built

Taxes: $13,611 (2025)

About this home

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.

Location

258-260 Whitman St, New Bedford, MA, 02745

Listed by Derek Young · Longwood Residential, LLC

Schedule a showing

258-260 Whitman St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$8,359 / month

Down payment20% · $260,000
Interest rate6.66%

Loan term

Principal & interest
$6,683
Property tax
$1,134
Home insurance
$542

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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