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Off market
  • $890,300

    259-265 Rivet St, New Bedford, MA 02744

    12beds
    7,379sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $890,300 Zestimate®
    $121/sqft
    $1,750 Estimated rent

    Home value

    $890,300

    $783,000 - $1.01M

    $1,750/mo

    Zestimate® history
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    Owner options

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    $1,750/mo

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    $1,750/mo

    Rent Zestimate®

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    $5,353/mo

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    $5,353/mo

    Est. payment

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    What's special

    **ATTENTION INVESTORS** Come check out this incredible 8 Unit CASH COW investment opportunity in the South End of New Bedford! At full occupancy, this building will bring in approximately $84,000 a year! It consists of 2 storefronts and 6-2 bedroom apartments, all in great shape. Property is on a corner lot and has fenced in off street parking behind the building. Exterior siding and roof in good shape. Tenants all pay separate utilities. Each apartment has its own breaker panel in the unit. For heating systems, building has 8 hot water boilers in the basement. This would be a turn key operation for any investor. First showings will begin on Saturday, August 29 at 11am. We will be doing group tours. Call, text, or email list agent if you would like to attend and we will put you on the list.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 8
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    Heating
    • Baseboard, Gas
    Appliances
    • Included: Refrigerator
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 7,379 sqft

    Property

    Parking
    • Total spaces: 6
    Features
    • Exterior features: Other
    Lot
    • Size: 3,484 sqft
    Details
    • Parcel number: NEWBM0030L0285

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: New Bedford

    Other

    Other facts
    • Electric Feature: 220 Volts, Circuit Breakers
    • Roof Material: Asphalt/Fiberglass Shingles
    • Beach Miles To: 1/2 To 1 Mile
    • Beachfront Flag: Yes
    • Apod Available: Yes
    • App Dscrp 3: Range, Refrigerator
    • App Dscrp 4: Range, Refrigerator
    • Hea Dscrp 1: Hot Water Baseboard
    • Hea Dscrp 2: Hot Water Baseboard
    • Hea Dscrp 3: Hot Water Baseboard, Gas
    • Hea Dscrp 4: Hot Water Baseboard, Gas
    • Rnt Dscrp 1: Water, Hot Water
    • Rnt Dscrp 2: Water, Hot Water
    • Rnt Dscrp 3: Water
    • Rnt Dscrp 4: Water
    • Lot Description: Corner
    • Mf Type: 5-9 Family
    • Foundation: Granite

    Price history

    DateEventPrice
    12/15/2020Sold$530,000+6%$72/sqft
    Source: Public Record Report a problem
    9/3/2020Listing removed$499,900$68/sqft
    Source: RE/MAX Vantage #72713592 Report a problem
    8/21/2020Listed for sale$499,900+399.9%$68/sqft
    Source: RE/MAX Vantage #72713592 Report a problem
    11/18/1998Sold$100,000$14/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $645,100 +17.1%
    2024-- $550,900 +10.4%
    2023-- $499,100 +17.4%

    Find assessor info on the county website

    Neighborhood: 02744

    Nearby schools

    GreatSchools rating
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