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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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258-260 Whitman St , New Bedford, MA 02745
$1,300,000
Est. Payment: $2,888.89/mo
16 Bed
10 Bath
9101 Sqft
Status: Under Agreement | Days on site: 36
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AC1259 - CN254619
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House Description

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.

Highlights

Listed by Derek Young , 857-249-5131 Longwood Residential, LLC , 617-396-3100.

Property Type

Multi-Family

Lot/Acreage
0.47

Year Built

1910

County

Bristol

Listing ID

73559551

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:16
  • Bathrooms:10
  • Full Bathrooms:10
Water:Public

Exterior Features

Lot:Level
Garage Capacity:6
Zoning:RC
Roof:Shingle
Sewer:Public Sewer
Parking Features:Parking Spaces: 6
Principal Interest
$2,889
Taxes
$1,134

Home Price

$1,300,000

Loan Details

30 yrs
%

Down Payment

20%
$260,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,888.89 $1,134.25 $0.00 $4,023.14
Yearly $34,666.67 $13,611.00 $0.00 $48,277.67
Total $1,040,000.00 $408,330.00 $0.00 $1,448,330.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (New Bedford, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.