BMN Boston

Get our mobile app!

Download on the App Store

518 Cottage St, New Bedford MA 02740

New Bedford, MA 02740
$550,000
Est. $3,374/month
5
Beds
3
Baths
2,160
Sq Ft
$255
Price/Sq Ft
0.07
Acres
1892
Year Built
42
Days on Market
Pending Listed May 6, 2026 • MLS# 73514219 Copied! • Updated Jun 23, 2026

About this home

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.”

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

15.7%
Price Range
1
Previous Sales

Property Timeline

Pending Sale
Jun 19, 2026
Offer accepted, sale pending
🏠
Listed for Sale
May 7, 2026
$550,000
Original listing
Office: RE/MAX Impact
Previous Transaction - MLS #73321775
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 4, 2025
$463,500
MLS #73321775

Tax History

Year Taxes Assessment
2025 $4,709 $416,400

Financial Details

Annual Property Tax
$4,709
Tax Year 2025
Assessed Value
$416,400

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1892
Living Area 2,160 sq ft
Lot Size 0.07 acres
Bedrooms 5
Full Baths 3
Total Rooms 14

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent — · N
Unit 3 Rent — · Y
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Unfinished
Laundry None
Features None
Construction Stone
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,709
Assessed Value $416,400
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Unit 1 Deleaded. Rental Information In The Attachment.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Bristol
Total market time (incl. prior listings) 44 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1892
Bedrooms
5
Full Bathrooms
3
Living Area
2,160 sq ft
Total Rooms
14
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1892
Structure Type:
Exterior Materials: Stone
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Heating Zones: 3
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing: Fenced
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Parking Features:

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 $392
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

Interest
Principal
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

Loading map...

Neighborhood

518 Cottage St, New Bedford MA 02740

New Bedford, MA 02740

Listing Information

Listing Agent Michelle Gerez
Listing Office RE/MAX Impact
Office Phone 508-717-3070
Agent MLS ID CN229499
Office MLS ID AN7664
Listing Data Updated Jun 23, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for New Bedford, MA

Real-time market trends and pricing data for this area

518 Cottage St, New Bedford MA 02740 - Photo 1 518 Cottage St, New Bedford MA 02740 - Photo 2 518 Cottage St, New Bedford MA 02740 - Photo 3 518 Cottage St, New Bedford MA 02740 - Photo 4 518 Cottage St, New Bedford MA 02740 - Photo 5 518 Cottage St, New Bedford MA 02740 - Photo 6 518 Cottage St, New Bedford MA 02740 - Photo 7 518 Cottage St, New Bedford MA 02740 - Photo 8 518 Cottage St, New Bedford MA 02740 - Photo 9 518 Cottage St, New Bedford MA 02740 - Photo 10 518 Cottage St, New Bedford MA 02740 - Photo 11 518 Cottage St, New Bedford MA 02740 - Photo 12 518 Cottage St, New Bedford MA 02740 - Photo 13
Steven Novak

Steven Novak

BMN Boston Real Estate

Your message will be sent to Steven Novak.

Schedule a Tour