259 Weld Street presents a strong investment opportunity in New Bedford - a large three-family property with spacious three-bedroom units and a detached garage. With ample parking and generous unit layouts, this property has excellent rental potential. While it has experienced water damage and will not qualify for FHA financing, the necessary repairs and updates are well worth the investment for seasoned buyers. This asset offers a prime opportunity to add value and capitalize on demand for multi-family housing in the area.
Sold for $372,000
$372,000
259 Weld St, New Bedford, MA 02740
9beds
4,140sqft
Multi Family
Built in 1906
-- sqft lot
$706,600 Zestimate®
$90/sqft
$2,434 Estimated rent
Home value
$706,600
$636,000 - $770,000
$2,434/mo
Zestimate® history
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$2,330/mo
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Zillow last checked:
Listing updated:
Listed by:
Joy Riley,
Westcott Properties
Bought with:
Non-Mls Member
Non-Mls Member
Source: StateWide MLS RI,MLS#: 1372188
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Baseboard
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Ceramic Tile, Hardwood, Laminate
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,140
- Total interior livable area: 4,140 sqft
Property
Parking
- Total spaces: 5
- Parking features: Detached
- Garage spaces: 1
Lot
- Size: 4,848 Square Feet
Details
- Parcel number: NEWBM0084L0295
- Zoning: RC
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1906
Utilities & green energy
- Electric: Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: New Bedford
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $564,600
- Annual tax amount: $5,720
- Date on market: 11/1/2024
- Total actual rent: 0
- Tenant pays: Heat
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2024 | Sold | $372,000-9.7%$90/sqft |
Source:  StateWide MLS RI #1372188 Report a problem | ||
| 10/13/2023 | Sold | $412,156+236.5%$100/sqft |
Source: Public Record Report a problem | ||
| 2/12/2001 | Sold | $122,500$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,386 +11.6% | $564,600 +18.4% |
| 2024 | $5,720 +13.4% | $476,700 +35% |
| 2023 | $5,044 +8.8% | $353,000 +18.3% |
| 2022 | $4,637 +2.4% | $298,400 +2.8% |
| 2021 | $4,527 +0.7% | $290,400 +4.3% |
| 2020 | $4,497 +16% | $278,300 +18.2% |
| 2019 | $3,877 +5.1% | $235,400 +6.1% |
| 2018 | $3,689 +8.3% | $221,800 +8.7% |
| 2017 | $3,406 +4.3% | $204,100 +3% |
| 2016 | $3,267 +7.3% | $198,100 +2.3% |
| 2015 | $3,045 +3.7% | $193,600 |
| 2014 | $2,935 -2.3% | $193,600 -7.6% |
| 2013 | $3,004 -1.2% | $209,600 -5.1% |
| 2012 | $3,040 -7.5% | $220,900 -13.4% |
| 2011 | $3,287 -7.1% | $255,200 -13.3% |
| 2010 | $3,539 +1.4% | $294,200 -3.5% |
| 2009 | $3,490 +5.2% | $304,800 -3.1% |
| 2008 | $3,318 +2.3% | $314,500 |
| 2007 | $3,242 +3.1% | $314,500 +8.7% |
| 2006 | $3,144 +2.7% | $289,200 +7.5% |
| 2005 | $3,060 +7.2% | $269,100 +16.6% |
| 2004 | $2,854 +31.7% | $230,700 +56.1% |
| 2003 | $2,167 +3.4% | $147,800 +8.7% |
| 2002 | $2,096 +17.3% | $136,000 +23.5% |
| 2000 | $1,787 +32% | $110,100 +7.9% |
| 1996 | $1,354 | $102,000 |
Find assessor info on the county website
Neighborhood: 02740
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Nearby schools
GreatSchools rating
- 2/10Hayden-McFadden Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Keith Middle SchoolGrades: 6-8Distance: 0.8 mi
- 1/10New Bedford High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$706,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$706,600
- Massachusetts
- Bristol County
- New Bedford
- 02740
- 259 Weld St
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