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Joyce Sullivan

[email protected] +1(978) 852-5388

$ 874,995

Est. payment -/mo

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Open Sat 2PM-4PM

115 Hillman St New Bedford, MA 02740

8 Beds

7 Baths

7,104 SqFt

Open House

Sat Oct 04, 2:00pm - 4:00pm

Sun Oct 05, 2:00pm - 4:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,104 sqft

Price per Sqft $123

MLS Listing ID 73437249

Bedrooms 8

Full Baths 7

Year Built 1900

Annual Tax Amount $6,676

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type 5-9 Family

Property Description

Turnkey 7-Unit with Cash Flow & Upside – Ideal for Investors. 115 Hillman Street is a fully occupied, well-kept 7-unit in the heart of New Bedford's rental market. With six 1-bedrooms and one 2-bedroom, it delivers reliable income with immediate upside through modest rent adjustments. Current gross rent is $8,498/month ($101,976 annually) with market rents supporting $10,350/month ($124,200 annually)—unlocking ~$22K more per year. Fully occupied with tenants-at-will (plus one lease), separate utilities, and updated finishes in select units. Prime location offers walkability to downtown, transit, and amenities, ensuring steady demand. For investors scaling their portfolio, this asset combines turnkey operations, strong cash flow, and growth potential in New Bedford's competitive market. All financials, rent roll, and profit & loss statements are available in the MLS attachments section. OPEN HOUSE: SAT (10/4) & SUN (10/5), 2–4 PM.

Location

State MA

County Bristol

Zoning RA

Direction Please use GPS

Rooms

Basement Unfinished

Interior

Interior Features Living Room, Kitchen

Flooring Wood

Appliance Range, Refrigerator

Exterior

Garage Spaces 6.0

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, House of Worship, Private School, Public School, T-Station, University

Roof Type Other

Total Parking Spaces 12

Garage Yes

Building

Lot Description Other

Story 4

Foundation Granite

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Four Points Real Estate, LLC

Joyce Sullivan

Agent Owner | License ID: 9071385

+1(978) 852-5388

Joyce Sullivan

115 Hillman St New Bedford, MA 02740

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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115 Hillman St