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52 Ashley St, New Bedford, MA, 02744

12beds
6baths
4,842sqft
$729,900
$151price/sqft
$5,606/moest. monthly cost
$224,240/yrincome needed

About This Home

Prime investor opportunity in New Bedford’s South End! This income-producing 5-unit property offers spacious floor plans and strong rental potential. Four units are well maintained with solid tenant history, while one unit provides a chance for cosmetic updates to boost value and increase cash flow. All units feature generous layouts with natural light and flexible living space. Located in a high-demand rental area near the waterfront, beaches, and vibrant South End amenities. Close to public transit and commuter access points, making it attractive to a wide tenant base. Separately metered utilities and low-maintenance vinyl siding keep operating costs down. Whether you're expanding your portfolio or looking for a value-add opportunity in a growing market, this property delivers on both potential and location. A rare chance to own a 5-family in one of the city’s most promising neighborhoods.

Getting Around

80
WalkingVery Walkable
33
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

3/10
Roosevelt Middle SchoolGrades 6-80.3 mi
1/10
New Bedford High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - 5+ Units Up/Down

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Concrete

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Flooring: Tile,Vinyl,Varies,Laminate
  • Finished area above ground: 4,842

Interior Area

  • Total structure area: 4,842
  • Total interior livable area: 4,842 sqft

Property

Details

  • Parcel number: M:0014 L:0007,2884232
  • Zoning: RC
  • Exclusions: Tenants Personal Belongings

Features

  • Patio & porch: Porch,Deck - Wood
  • Exterior features: Varies per Unit
  • Waterfront features: Bay,Ocean,Walk to,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)

Lot

  • Lot size: 3,833 sqft
  • Features: Level

Parking

  • Parking features: Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,690$44,280
Home Insurance *$336$4,032
Property Taxes $626$7,512
Electricity $954$11,457
Total$5,606$67,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$192,205/yr
40% on housing$168,180/yr
45% on housing$149,493/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$151This listing

vs Other Active Listings

Avg $/sqft

ZIP 02744$225
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02744$271
Bristol County$339

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-26Listed for sale$729,900
2026-01-10Listing removed$750,000
2025-05-21Price change$750,000
2025-04-16Listed for sale$775,000

For Sale by Agent

AgentBradford Thelin
BrokerageRE/MAX Vantage

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