Exceptional investment opportunity in the heart of New Bedford! This 5-family property offers strong income potential with all tenants currently TAW. Major updates include a new roof in 2023, recently replaced hot water tanks, and a brand-new furnace installed last month. Property also features a rare 4-car garage plus an additional lot behind the garage with access from the side street—ideal for potential additional parking, storage, or outdoor space for tenants. Located just a short walk to downtown New Bedford, offering easy access to the vibrant waterfront, restaurants, cafes, shops, ferry service to Martha’s Vineyard, art galleries, and the thriving historic district. A fantastic opportunity for investors looking for cash flow and future upside in one of the city’s most desirable locations.
| Units | 5 |
| Living area | 3,557 sqft |
| Lot size | 7,444 sqft |
| Year built | 1910 |
| Price / sqft | $211 |
| County | Bristol |
| MLS # | 73523871 |
| Days on market | 4 days |
| Listed on | May 26, 2026 |
| Annual property tax | $6,128 |
| Tax year | 2026 |
| Assessed value | $559,600 |
| Zoning | MUB |
| Total actual rent | $0/mo |
| Stories | 3 |
| Total rooms | 24 |
| Lot size | 0.17 acres |
| Garage spaces | 4 |
| Parking spaces | 9 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Partially Finished, Walk-Out Access |
| Foundation | Granite |
| Roof | Shingle |
| Flooring | Vinyl, Hardwood |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
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Listing courtesy of Lamacchia Realty, Inc — Linda Perry. Listing data © MLS PIN.
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It is a 5-unit multi-family property with 3,557 sqft of living area, built in 1910.
483 County Street, New Bedford MA 02740 has been listed for 4 days (since May 26, 2026).
Based on area median rents, the estimated cap rate is about 7.8%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
At a list price of $749,999 across 5 units, that works out to roughly $150,000 per unit.
Annual property taxes are $6,128 (2026), on an assessed value of $559,600.
At $749,999 for 3,557 sqft, that's about $211 per square foot.
4 garage spaces and 9 total parking spaces (paved drive, off street).
483 County Street, New Bedford MA 02740 is in New Bedford, Bristol County, MA 02740.