86 Beetle St, New Bedford, MA 02746

Description

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.