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INVESTMENT SNAPSHOT
About this property
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.”
Property details
| Units | 3 |
| Living area | 2,160 sqft |
| Lot size | 3,202 sqft |
| Year built | 1892 |
| Price / sqft | $255 |
| County | Bristol |
| MLS # | 73514219 |
Listing status
| Days on market | 4 days |
| Listed on | May 6, 2026 |
Taxes & financials
| Annual property tax | $4,709 |
| Tax year | 2025 |
| Assessed value | $416,400 |
| Zoning | RB |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 14 |
| Lot size | 0.07 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Stone |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of RE/MAX Impact — Michelle Gerez. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 518 Cottage St, New Bedford MA 02740 have?
It is a 3-unit multi-family property with 2,160 sqft of living area, built in 1892.
How long has 518 Cottage St, New Bedford MA 02740 been on the market?
518 Cottage St, New Bedford MA 02740 has been listed for 4 days (since May 6, 2026).
What is the estimated cap rate on this 3-family in New Bedford?
Based on area median rents, the estimated cap rate is about 6.4%, with a Signal Score of 95/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $550,000 across 3 units, that works out to roughly $183,333 per unit.
What are the property taxes on 518 Cottage St, New Bedford MA 02740?
Annual property taxes are $4,709 (2025), on an assessed value of $416,400.
What is the price per square foot?
At $550,000 for 2,160 sqft, that's about $255 per square foot.
Where is this property located?
518 Cottage St, New Bedford MA 02740 is in New Bedford, Bristol County, MA 02740.
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