Fully Rented 3-Family Investment Opportunity in New Bedford. New Bedford investors take notice. This fully rented 5-bedroom, three-family property is generating income from day one and offers a strong opportunity to add a cash-flowing asset to your portfolio. Conveniently located near the commuter rail to Boston, major highways, schools, shopping, and local amenities, this property combines location, stability, and low-maintenance ownership. With all units occupied, this is an ideal opportunity for investors seeking immediate rental income and turnkey operation. Whether you’re expanding your portfolio or entering the multifamily market, this income-producing property is worth a look.Property being sold “As Is.”
| Units | 3 |
| Living area | 2,160 sqft |
| Lot size | 3,202 sqft |
| Year built | 1892 |
| Price / sqft | $255 |
| County | Bristol |
| MLS # | 73514219 |
| Days on market | 4 days |
| Listed on | May 6, 2026 |
| Annual property tax | $4,709 |
| Tax year | 2025 |
| Assessed value | $416,400 |
| Zoning | RB |
| Total actual rent | $0/mo |
| Stories | 3 |
| Total rooms | 14 |
| Lot size | 0.07 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Stone |
| Sewer | Public Sewer |
| Water | Public |
Listing courtesy of RE/MAX Impact — Michelle Gerez. Listing data © MLS PIN.
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It is a 3-unit multi-family property with 2,160 sqft of living area, built in 1892.
518 Cottage St, New Bedford MA 02740 has been listed for 4 days (since May 6, 2026).
Annual property taxes are $4,709 (2025), on an assessed value of $416,400.
At $550,000 for 2,160 sqft, that's about $255 per square foot.
518 Cottage St, New Bedford MA 02740 is in New Bedford, Bristol County, MA 02740.