
258-260 Whitman St New Bedford — Photo 1 of 21
$1,300,000
New Bedford, MA 02745
Beds
16
Baths
10
SqFt
9,101
Style
5+ Family - 5+ Units Up/Down
Built
1910
Exceptional opportunity to acquire a 10-unit multifamily portfolio consisting of two well-maintained five-unit properties located at 258–260 Whitman Street and 192 Belleville Road, just minutes apart in New Bedford. This package includes a diverse unit mix of 2 three-bedroom, 2 two-bedroom, and 6 one-bedroom apartments, providing broad tenant appeal and income stability. With two vacant units ready for immediate lease-up, investors have the opportunity to quickly increase cash flow and capture additional value from day one. Whether you're expanding an established portfolio or completing a 1031 exchange, this offering provides scale, operational efficiency, and significant long-term upside within one of Southeastern Massachusetts' most active rental markets. The close proximity of both assets allows for simplified management while benefiting from New Bedford's continued economic investment, strong rental demand, and favorable growth outlook. Separate parcels and buildings being offered together as one investment package. Full Rent roll and OM attached. Group Showing 8/8 10:00-10:30 & 10:30-11:00 respectively starting at 258 Whitman. Appointment required.
* Analysis is based on 20 actively listed and recently sold comparable properties strictly within New Bedford, MA.
24,519
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$74K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
39.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
1,041 housing units permitted in the last 12 months (+36% vs the prior 12 months) — 481 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Derek Young
Listing Office: Cameron Real Estate Group
MLS® Number: 73559551
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