49 Nelson St, New Bedford MA 02744
New Bedford, MA 02744
$779,900
Est. $4,630/month
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About this home
49 Nelson Street presents a strong six-unit multifamily opportunity in Fall River with in-place income and established occupancy.The property offers six 2-bedroom $7150/month, or $85800 annually. With 12 bedrooms, 6 baths, and 4044 sq. ft.,the building also features separately metered units, supporting cleaner utility responsibility and investor underwriting. Conveniently located in the South End of New Bedford with easy highway access and walking distance to beach and pier New Bedford Harbor Walk. this income-producing asset offers immediate rental performance with room for continued long-term ownership upside. Buyer to verify all information and perform due diligence. Rent Roll/unit Details: Unit 1N: $1200, TAW; Unit 1S: $900, TAW; Unit 2N: $1300, Lease; Unit 2S: $1250, TAW; Unit 3N: $1250, TAW; Unit 3S: $1250, Lease
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Property History
Property Timeline
Listed for Sale
Aug 3, 2026
$779,900
Original listing
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/03/2026 | 🏠 Listed for Sale | $779,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $5,834 | $515,800 |
Financial Details
Annual Property Tax
$5,834
Tax Year 2025
Assessed Value
$515,800
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1892
Living Area
4,044 sq ft
Lot Size
0.07 acres
Bedrooms
12
Full Baths
6
Total Rooms
25
Investment Metrics
Units
6
Unit 1 Rent
$1,200/mo · N
Unit 2 Rent
$900/mo · N
Unit 3 Rent
$1,300/mo · Y
Unit 4 Rent
$1,250/mo · N
Total Monthly Rent
$4,650/mo
Gross Income
$70,800
Net Operating Income
$70,800
Cap Rate
9.08%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Fireplaces
1
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$5,834
Assessed Value
$515,800
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Bristol
Total market time (incl. prior listings)
4 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1892
Bedrooms
12
Full Bathrooms
6
Living Area
4,044 sq ft
Total Rooms
25
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,044 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:
1892
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Stories:
5
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
Parking Features:
Special Features
Fireplaces:
1
Fireplace Type:
Community Amenities:
Public Transportation, Highway Access
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$486
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
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
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
49 Nelson St, New Bedford MA 02744
New Bedford, MA 02744
Listing Information
Listing Agent
Lyndsey Pachon
Listing Office
Lyndsey Pachon
Office Phone
508-536-3527
Agent MLS ID
CN227713
Office MLS ID
AN4381
Listing Data Updated
Aug 7, 2026 3:05 AM 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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