Sold for $540,000

$540,000

221-223 Walnut St, New Bedford, MA 02740

4beds

3,748sqft

4 Family

Built in 1803

-- sqft lot

$-- Zestimate^®

$144/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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$3,427/mo

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$3,427/mo

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What's special

***Prime Investment Opportunity*** Welcome to this fantastic 4 unit investment property with a bonus ADU right in the heart of New Bedford. Perfect for an owner occupant! This building offers an incredible investment opportunity with a total of 5 bedrooms. Property consists of four 1 bed units and one studio apartment. Key features include 6-8 off street parking spaces, separately electric, and coin-op washer/dryer. Owners are licensed real estate professionals in MA. Buyer/buyers agent to do their own due diligence. Seller has never occupied the property. OPEN HOUSE: Saturday 9/14 12:00-2:00 and Sunday 9/15 12:00-2:00.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 5

Appliances

Included: Range, Refrigerator

Features

Living Room, Kitchen
Flooring: Wood
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 3,748
Total interior livable area: 3,748 sqft

Property

Parking

Total spaces: 6
Uncovered spaces: 6

Features

Patio & porch: Porch, Deck - Wood

Lot

Size: 6,734 Square Feet
Features: Corner Lot

Details

Parcel number: M:0046 L:0251
Zoning: RC

Construction

Type & style

Home type: MultiFamily
Property subtype: 4 Family

Materials

Frame
Foundation: Other
Roof: Other

Condition

Year built: 1803

Utilities & green energy

Electric: Individually Metered
Sewer: Public Sewer
Water: Public

Community & HOA

Community

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

Location

Region: New Bedford

Financial & listing details

Price per square foot: $144/sqft
Tax assessed value: $386,300
Annual tax amount: $5,520
Date on market: 1/4/2026
Total actual rent: 4000
Road surface type: Paved

Price history

Date	Event	Price
1/6/2025	Sold	$540,000+2.9%$144/sqft
Source: MLS PIN #73287762 Report a problem
9/19/2024	Contingent	$524,999$140/sqft
Source: MLS PIN #73287762 Report a problem
9/10/2024	Listed for sale	$524,999$140/sqft
Source: MLS PIN #73287762 Report a problem