258-260 Whitman St, New Bedford MA 02745
New Bedford, MA 02745
$1,300,000
Est. $7,908/month
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.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 5, 2026
$1,300,000
Original listing
Agent: Derek Young
Office: Longwood Residential, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/05/2026 | 🏠 Listed for Sale | $1,300,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $13,611 | $1,203,400 |
Financial Details
Annual Property Tax
$13,611
Tax Year 2025
Assessed Value
$1,203,400
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1910
Living Area
9,101 sq ft
Lot Size
0.47 acres
Bedrooms
16
Full Baths
10
Total Rooms
38
Investment Metrics
Units
10
Unit 1 Rent
$1,100/mo · Y
Unit 2 Rent
$1,100/mo · Y
Total Monthly Rent
$2,200/mo
Gross Income
$98,400
Net Operating Income
$98,400
Cap Rate
7.57%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Total Spaces
6
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$13,611
Assessed Value
$1,203,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
192 Belleville Parcel Id- M:0108 L:0048.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Other
Documents
None
County
Bristol
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1910
Bedrooms
16
Full Bathrooms
10
Living Area
9,101 sq ft
Total Rooms
38
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
9,101 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Nearby Schools
School District
New Bedford School District local
C-
Where Graduates Go
Class of 2021
31%
attend college
13%
4-Year
18%
2-Year
4%
Out of State
9%
Working
School Safety
2024-25
6.0%
Above Average
4.2%
Suspensions
1.0%
In-School
1.8%
Emergency
0.5% above state avg
Elementary Schools
3 schools
D
Abraham Lincoln School
0.2 mi
|
#771 of 824
|
Score: 31.0
Dropped 64 spots from last year
-27.3 below state avg
687 students
Diverse
Diverse Student Body
Grades K-05
C+
Alma del Mar Charter School
0.5 mi
|
#234 of 352
|
Score: 37.7
Improved 34 spots from last year
-20.5 below state avg
1,042 students
Diverse
Rising School
Grades K-08
C
Global Learning Charter Public School
0.5 mi
|
#263 of 346
|
Score: 45.1
Improved 7 spots from last year
-13.1 below state avg
508 students
Diverse
High Graduation Rate
College Ready Curriculum
Diverse Student Body
Grades 05-12
Middle Schools
3 schools
C-
Normandin Middle School
1.0 mi
|
#291 of 352
|
Score: 32.1
Improved 13 spots from last year
-26.1 below state avg
990 students
Diverse
Diverse Student Body
Grades 06-08
C-
Keith Middle School
1.7 mi
|
#306 of 352
|
Score: 30.8
Dropped 17 spots from last year
-27.4 below state avg
949 students
Diverse
Diverse Student Body
Grades 06-08
C+
Hastings Middle School
2.3 mi
|
#218 of 352
|
Score: 39.5
Dropped 82 spots from last year
-18.7 below state avg
415 students
Moderate
Grades 06-08
High Schools
3 schools
C+
Greater New Bedford Vocational Technical High School
1.7 mi
|
#230 of 346
|
Score: 48.4
Dropped 41 spots from last year
-9.8 below state avg
2,151 students
Diverse
19 sports
• 1,754 athletes
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
C
New Bedford High School
1.8 mi
|
#261 of 346
|
Score: 45.3
Improved 40 spots from last year
-12.9 below state avg
2,878 students
Diverse
19 sports
• 1,326 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
C+
Fairhaven High School
2.1 mi
|
#211 of 346
|
Score: 50.5
Dropped 8 spots from last year
-7.7 below state avg
568 students
Moderate
17 sports
• 1,168 athletes
Strong AP Program
College Ready Curriculum
Strong Athletics
Grades 09-12
Learn about these ratings
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,134
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
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Current Rate
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+0.5% Rate
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
258-260 Whitman St, New Bedford MA 02745
New Bedford, MA 02745
Listing Information
Listing Agent
Derek Young
Listing Office
Longwood Residential, LLC
Office Phone
617-396-3100
Agent MLS ID
CN254619
Office MLS ID
AC1259
Listing Data Updated
Aug 5, 2026 1:07 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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