One of the best-priced fully occupied deleaded 3-family properties currently available in New Bedford generating $4,700/month in rental income. Excellent opportunity for investors looking to secure an income-producing asset in one of the South Coast’s strongest rental markets. Property features separate utilities, vinyl siding, off-street parking, stable occupancy, functional layouts with consistent rental demand, and additional shed storage. Conveniently located near downtown New Bedford, public transportation, shopping, restaurants, parks, major highways, and the waterfront. Rare opportunity to acquire a fully occupied multi-family with immediate income from day one. Property being sold as is.
| Units | 3 |
| Living area | 2,531 sqft |
| Lot size | 3,319 sqft |
| Year built | 1893 |
| Price / sqft | $197 |
| County | Bristol |
| MLS # | 73523542 |
| Days on market | 4 days |
| Listed on | May 25, 2026 |
| Annual property tax | $5,653 |
| Tax year | 2025 |
| Assessed value | $499,800 |
| Zoning | RC |
| Gross income (actual) | $56,400/yr |
| Net operating income (actual) | $56,400/yr |
| Total actual rent | $4,700/mo |
| Stories | 3 |
| Total rooms | 17 |
| Lot size | 0.08 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street |
| Basement | Unfinished |
| Foundation | Stone |
| Roof | Asphalt/Composition Shingles |
| Construction | Conventional (2x4-2x6) |
| Flooring | Wood, Tile, Vinyl, Laminate |
| Heating | Baseboard, Natural Gas, Space Heater |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Oven, Dishwasher, Microwave, Refrigerator, Wine Refrigerator |
Listing courtesy of Jason Mitchell Group — Daniel Garcia. Listing data © MLS PIN.
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It is a 3-unit multi-family property with 2,531 sqft of living area, built in 1893.
21 Salisbury St, New Bedford MA 02744 has been listed for 4 days (since May 25, 2026).
Annual property taxes are $5,653 (2025), on an assessed value of $499,800.
At $499,000 for 2,531 sqft, that's about $197 per square foot.
4 total parking spaces (paved drive, off street).
21 Salisbury St, New Bedford MA 02744 is in New Bedford, Bristol County, MA 02744.