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393 Pleasant St, 
New Bedford, MA 02740

$724,995

6

Beds

6

Baths

2,558

Sq Ft

Multi-Family

Active

Listed by

Candor Investment Group

, 

Andrew Freed

eXp Realty

888-854-7493

Last updated:

January 19, 2026, 01:37 AM

MLS#

73465645

Source:

MLSPIN

About This Home

393 Pleasant St

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.

Home Facts

Multi-Family

6 Baths

6 Bedrooms

Built in 1890

Price Summary

724,995

$283 per Sq. Ft.

MLS #:

73465645

Last Updated:

January 19, 2026, 01:37 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

2,558 Sq. Ft.

Structure

Structure

Building Area:

2,558 Sq. Ft.

Year Built:

1890

Lot

Lot Size (Sq. Ft):

2,191

Finances & Disclosures

Finances

Price:

$724,995

Price per Sq. Ft:

$283 per Sq. Ft.

Source:MLSPIN
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.