86 Beetle St, New Bedford, MA 02746
86 Beetle St, New Bedford, MA 02746
86 Beetle St, New Bedford, MA 02746
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Olumide Olurinmade

Olumide Olurinmade

+1(919) 699-2200
$749,000
Est. payment /mo
6 Beds
6 Baths
4,599 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,599 sqft

Price per Sqft $162

MLS Listing ID 73579201

Bedrooms 6

Full Baths 6

Year Built 1903

Annual Tax Amount $6,460

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type 5-9 Family

Property Description

A great opportunity to add a fully occupied, income-producing six-family to your investment portfolio. The property consists of six 2-bedroom, 1-bath units, offering a total of 12 bedrooms and 6 baths, with established paying tenants already in place.The building underwent an extensive renovation in 2021, with improvements throughout the property including updated plumbing, electrical and heating systems, renovated kitchens and baths, granite countertops, LVP flooring, updated finishes and bright, modern interiors. A new roof was installed in 2020, taking care of another major capital improvement.The property also features coin-operated laundry in the basement, providing an additional source of income and a convenient amenity for residents. Outside, there is a driveway for off-street parking and a small yard.For an investor, the appeal is simple—the heavy lifting has already been done. Major systems and finishes have been updated, the units are occupied, and rental income is already being generated. This is an opportunity to step into an established multifamily property rather than taking on a building that requires extensive renovations before it can perform.Conveniently located in New Bedford with access to major highways, public transportation, shopping, restaurants, schools, medical facilities and downtown New Bedford, making it a practical location for continued rental demand.Whether you're looking to expand an existing portfolio or add a substantial multifamily asset, this property offers a strong combination of size, condition, existing occupancy and income potential.Fully occupied. Minimum 48-hour notice required for all showings.

Location

State MA

County Bristol

Zoning RC

Direction GPS

Rooms

Basement Full

Interior

Interior Features Living Room, Kitchen

Heating Natural Gas

Flooring Vinyl

Appliance Range

Exterior

Community Features Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School

Roof Type Shingle

Total Parking Spaces 2

Garage No

Building

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

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Listed by Rosen Property Management, Inc.

NEARBY SCHOOL & BUSINESS

Olumide Olurinmade
Olumide Olurinmade

Broker License ID: 009500771

+1(919) 699-2200 | olushow@gmail.com

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86 Beetle St