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$724,995

  • For Sale
  • Active
  • Multi-Family
  • 6 Units
  • 6 Total Beds
  • 0.05 Acres
  • Updated 4 days ago

Next open house:

Open House: 12:00 PM - 2:00 PM

Sunday 1/18 12:00 PM - 2:00 PM

393 Pleasant St,New Bedford, MA 02740

393 Pleasant StNew BedfordMA02740

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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 six 1-bedroom / 1-bath units, 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. OPEN HOUSE SCHEDULED FOR SATURDAY (1/17) AND SUNDAY (1/18) FROM 12-2 PM.

Full Property Details for 393 Pleasant St

General

  • Price: $724,995
  • Taxes: $5,862 (2025)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73465645
  • Updated: 1/13/2026
  • Added to Site: 11 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 6

Parking

  • Parking Features: Off Street

Location

  • County: Bristol

Structural Information

  • Basement: Yes
  • Stories/Levels: 4
  • Square Feet: 2,558
  • Year Built: 1890

Lot Features

  • Lot Size (Acres): 0.05

Financial Considerations

  • Tax Amount: $5,862
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Owners are licensed MA real estate professionals. Buyer/buyer’s agent to perform due diligence. Owner has multiple New Bedford properties and may sell as a package. P&L and rent roll uploaded. Listing agent has an ownership interest
  • Property ID: M:0046 L:0255, 2890783

Listed by eXp Realty, Candor Investment Group and Andrew Freed

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Listing agents

— 393 Pleasant St —

  • Candor Investment Group

    eXp Realty

  • Andrew Freed

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 393 Pleasant St

School District:New Bedford School District
NameGradesDistance
Alfred J Gomes Elementary School
286 South 2nd Street, New Bedford, MA 02740
PK-50.5 mi
Renaissance Community School For The Arts
286 South 2nd Street, New Bedford, MA 02740
PK-50.5 mi
Roosevelt Middle School
119 Frederick Street, New Bedford, MA 02744
6-81.7 mi
New Bedford High School
230 Hathaway Boulevard, New Bedford, MA 02740
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 393 Pleasant St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/06/2026
Listed
$724,995
79.9%
MLS
8/01/2023
Sold
$403,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 393 Pleasant St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,862
8%
$518,300
15%
2024
$5,405
14%
$450,400
36%
2023
$4,734
20%
$331,300
30%
2022
$3,950
—
$254,200
—
2021
$3,963
5%
$254,200
9%
2020
$3,775
16%
$233,600
18%
2019
$3,256
—
$197,700
1%
2018
$3,250
1%
$195,400
1%
2017
$3,225
6%
$193,200
5%
2016
$3,031
8%
$183,800
3%
2015
$2,802
2%
$178,100
-1%
2014
$2,738
3%
$180,600
-2%
2013
$2,654
—
$185,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 393 Pleasant St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by eXp Realty, Candor Investment Group and Andrew Freed

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393 Pleasant St, New Bedford, MA 02740 (MLS# 73465645) is a Multi-Family property with 6 units containing 6 bedrooms and 6 full bathrooms. 393 Pleasant St is currently listed for $724,995 and was received on January 06, 2026. Want to learn more about 393 Pleasant St? Do you have questions about finding other Multi-Family real estate for sale in New Bedford? You can browse all New Bedford real estate or contact a Coldwell Banker agent to request more information.

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