49 Nelson St, New Bedford, MA 02744
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$779,900
6 Unit
12 Beds
6 Baths
4044 SQFT
0.07 Acre

Property Description

49 Nelson Street presents a strong six-unit multifamily opportunity in Fall River with in-place income and established occupancy.The property offers six 2-bedroom $7150/month, or $85800 annually. With 12 bedrooms, 6 baths, and 4044 sq. ft.,the building also features separately metered units, supporting cleaner utility responsibility and investor underwriting. Conveniently located in the South End of New Bedford with easy highway access and walking distance to beach and pier New Bedford Harbor Walk. this income-producing asset offers immediate rental performance with room for continued long-term ownership upside. Buyer to verify all information and perform due diligence. Rent Roll/unit Details: Unit 1N: $1200, TAW; Unit 1S: $900, TAW; Unit 2N: $1300, Lease; Unit 2S: $1250, TAW; Unit 3N: $1250, TAW; Unit 3S: $1250, Lease

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 5
  • Total Bedrooms: 12
  • Total Full Baths: 6
  • Total Fireplaces: 1
  • Amenities: Highway Access, Public Transportation

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 70800
  • Net Operating Income: 70800

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1892
  • Type: 5-9 Family
  • Foundation Info: Poured Concrete
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73558522
  • Last Updated: 08/07/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/07/2026Active$779,900$193MLSPIN
08/03/2026New$779,900$193MLSPIN

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Seller's Representative: Lyndsey Pachon, Lyndsey Pachon
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-08-07 03:05:00