Active
3 Days on market
86 Beetle St New Bedford — Photo 1 of 38

86 Beetle St New Bedford — Photo 1 of 38

$749,000

Investment Analysis — 86 Beetle St

New Bedford, MA 02746

Based on rent reported on the MLS listing, a 6-unit multi-family in 02746 carries $9,000/mo in gross rent — about a 10.10% cap rate and $75,620/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

6

SqFt

4,599

Style

5-9 Family

Built

1903

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.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$749,000
Annual Taxes$6,460

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms20
FireplacesNone
FlooringVinyl
BasementFull

Climate & Utilities

HeatingNatural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRC

Property & Lot

Acres0.09
SqFt Lot4,138
Lot Features--

Amenities & Appliances

Range

Neighborhood

Public Transportation • Shopping • Medical Facility • Laundromat • Highway Access • House of Worship

Geography

Property History

Listed
$749,000

Sep 17, 2026

MLS® 73579201

Sold
$1,500

Mar 17, 2026

MLS® 73483736

Listed
$1,500

Mar 6, 2026

MLS® 73483736

Sold
$1,300

Oct 28, 2025

MLS® 73429620

Listed
$1,250

Sep 11, 2025

MLS® 73429620

Sold
$1,400

Aug 28, 2025

MLS® 73408127

Listed
$1,400

Jul 22, 2025

MLS® 73408127

Sold
$1,400

Mar 28, 2025

MLS® 73346438

Listed
$1,400

Mar 17, 2025

MLS® 73346438

Sold
$1,400

Nov 22, 2024

MLS® 73301164

Listed
$1,400

Oct 10, 2024

MLS® 73301164

Listing Provided By

Listing Agent: Becky Lynn Rosen

Listing Office: Rosen Property Management, Inc.

MLS® Number: 73579201