1 / 12
INVESTMENT SNAPSHOT
About this property
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 393 Pleasant Street in New Bedford, MA. The multi-story building contains four (4) 1-Bedroom/1-Bathroom units and two (2) Studio units with 2,558 square feet of gross living area in 4,326 square feet of gross area. The Property is situated upon a 0.05-acre parcel and features on-street parking spaces.
Property details
| Units | 6 |
| Living area | 2,558 sqft |
| Lot size | 4,326 sqft |
| Year built | 1890 |
| Price / sqft | $274 |
| County | Bristol |
| MLS # | 73517639 |
Listing status
| Days on market | 4 days |
| Listed on | May 13, 2026 |
Taxes & financials
| Annual property tax | $6,637 |
| Tax year | 2025 |
| Assessed value | $594,200 |
| Zoning | G |
| Gross income (actual) | $78,848/yr |
| Net operating income (actual) | $56,770/yr |
| Total actual rent | $6,774/mo |
| Electric expense | $1,223/yr |
| Insurance expense | $6,000/yr |
Building & lot
| Stories | 5 |
| Total rooms | 10 |
| Lot size | 0.1 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | Paved Drive |
| Basement | Full |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
Utilities & systems
| Heating | Natural Gas |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Oven, Dishwasher, Refrigerator, Microwave |
Location
More about investing in New Bedford →
Listing courtesy of Horvath & Tremblay — Spencer Smith. Listing data © MLS PIN.
Interested in this one?
Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 393 Pleasant Street, New Bedford MA 02740 have?
It is a 6-unit multi-family property with 2,558 sqft of living area, built in 1890.
How long has 393 Pleasant Street, New Bedford MA 02740 been on the market?
393 Pleasant Street, New Bedford MA 02740 has been listed for 4 days (since May 13, 2026).
What is the estimated cap rate on this 6-family in New Bedford?
Based on area median rents, the estimated cap rate is about 10.0%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $700,000 across 6 units, that works out to roughly $116,667 per unit.
What are the property taxes on 393 Pleasant Street, New Bedford MA 02740?
Annual property taxes are $6,637 (2025), on an assessed value of $594,200.
What is the price per square foot?
At $700,000 for 2,558 sqft, that's about $274 per square foot.
Where is this property located?
393 Pleasant Street, New Bedford MA 02740 is in New Bedford, Bristol County, MA 02740.
Similar multi-families
◆ 97
◆ 86
◆ 99
◆ 85