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162 Sawyer St New Bedford — Photo 1 of 15

162 Sawyer St New Bedford — Photo 1 of 15

Recent Drop: $50,000

$1,500,000
$1,450,000

$1,450,000

Investment Analysis — 162 Sawyer St

New Bedford, MA 02746

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 27-unit multi-family in 02746 carries an estimated $32,400/mo in gross rent — about a 19.94% cap rate and $289,185/yr in estimated NOI at the $1,450,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

3

SqFt

6,462

Style

5+ Family - Rooming House

Built

1891

We are excited to announce the availability of an income-producing property featuring 27 units rooming house. With new vinyl siding exterior and vinyl replacement windows, this well-maintained complex ensures an appealing living space for renters. Located conveniently near Highway 195, residents enjoy easy access to key commuting routes and nearby amenities. Just a short walk away, the Riverside Landing Shopping Plaza offers a variety of shopping and dining options. Notably, the property includes seller owned solar panels, which significantly offset electric bills, enhancing profitability. With many long-term tenants in place, this offering represents a stable investment opportunity. Whether you are looking to add to an existing portfolio or are a first-time investor, this property is a fantastic opportunity for steady returns.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,500,000
Annual Taxes$6,303

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms27
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
FoundationStone
ZoningIA

Property & Lot

Acres0.1
SqFt Lot4,395
Lot FeaturesCorner Lot

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Highway Access

Geography

Property History

Price Drop
$1,450,000

Was $1,500,000

Sep 3, 2026

MLS® 73536619

Listed
$1,500,000

Jun 16, 2026

MLS® 73536619

Listing Provided By

Listing Agent: Josue Rodriguez

Listing Office: RE/MAX Vantage

MLS® Number: 73536619