Turnkey 6-Unit Multifamily with Strong Cash Flow & Clear Upside. 393 Pleasant Street presents a rare opportunity to acquire a well-maintained 6-unit multifamily in the heart of New Bedford's growing rental market. The property consists of 5 1-bedroom / 1-bath units, and a studio, offering in-place cash flow with upside through lease-up and rent optimization. The building currently produces approximately $66,228 in annual gross rent due to one vacant unit, while market rents support approximately $99,600 annually, allowing investors to increase income through a rent-to-market strategy. Projected NOI based on market rents is $76,631, providing attractive yield and long-term appreciation. The property features a consistent unit mix, solid layout, and updated exterior elements, making it efficient to manage and scale. Ideal for investors seeking predictable cash flow with value-add potential. Please reach out to set up showings

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Property Details of 393 Pleasant Street

Property Details

Property Details

Building

Basic Information

Interior Features

Interior Features

Basement

Exterior Features

Exterior Features

Utilities and Appliances

Utilities and Appliances

Community

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Other Details

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South Coast Office

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Property Details of 393 Pleasant Street

Property Details

Property Details

Building

Basic Information

Interior Features

Interior Features

Basement

Exterior Features

Exterior Features

Utilities and Appliances

Utilities and Appliances

Community

Amenities

Other Details

Finance

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

South Coast Office