Sold for $515,000

$515,000

4 Penniman St, New Bedford, MA 02740

6beds

2,225sqft

3 Family

Built in 1910

-- sqft lot

$592,000 Zestimate^®

$231/sqft

$2,186 Estimated rent

Home value

$592,000

$562,000 - $622,000

$2,186/mo

Zestimate^® history

Owner options

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$2,186/mo

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$2,186/mo

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$3,230/mo

Est. payment

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$3,230/mo

Est. payment

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What's special

New commuter connection

Exceptional opportunity in the heart of the burgeoning New Bedford, MA community! This Multi 3 Family residence offers a total of 6 bedrooms spread across three units, providing space for extended families or savvy investors looking to capitalize on the rental market.Convenience is key with this property, as it boasts easy access to major highways, making commuting a breeze for residents. Additionally, the property is situated within close proximity to the vibrant downtown area, allowing for easy access to a variety of shopping, dining, and entertainment options.Excitingly, a new commuter connection is on the horizon, further enhancing the accessibility and desirability of this location. Whether you're looking for a smart investment opportunity or a comfortable home with income potential, this property ticks all the boxes.Don't let this chance to own a piece of the thriving New Bedford community pass you by. Embrace the potential and endless possibilities.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Features

Flooring: Vinyl
Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,225
Total interior livable area: 2,225 sqft

Property

Parking

Total spaces: 4
Parking features: Off Street
Garage spaces: 1
Uncovered spaces: 3

Features

Patio & porch: Porch
Fencing: Fenced
Has view: Yes
View description: City, Water, Marina
Has water view: Yes
Water view: Marina,Water
Waterfront features: Other (See Remarks), 1/10 to 3/10 To Beach, Beach Ownership(Other (See Remarks))

Lot

Size: 2,609 Square Feet
Features: Other

Details

Parcel number: M:0084 L:0099,2897143
Zoning: MUB

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

See Remarks
Foundation: Granite

Condition

Year built: 1910

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range

Community & HOA

Location

Region: New Bedford

Financial & listing details

Price per square foot: $231/sqft
Tax assessed value: $317,900
Annual tax amount: $3,815
Date on market: 1/19/2026
Listing terms: Contract
Exclusions: Personal Belongings
Total actual rent: 5500

Price history

Date	Event	Price
7/24/2024	Sold	$515,000+3%$231/sqft
Source: MLS PIN #73248213 Report a problem
6/7/2024	Contingent	$500,000$225/sqft
Source: MLS PIN #73248213 Report a problem
6/6/2024	Listed for sale	$500,000+53.4%$225/sqft
Source: MLS PIN #73248213 Report a problem
8/6/2021	Sold	$326,000+8.8%$147/sqft
Source: MLS PIN #72851181 Report a problem
6/26/2021	Pending sale	$299,700$135/sqft
Source: MLS PIN #72851181 Report a problem
6/16/2021	Listed for sale	$299,700+99.8%$135/sqft
Source: MLS PIN #72851181 Report a problem
11/7/2018	Sold	$150,000-3.2%$67/sqft
Source: Public Record Report a problem
10/17/2018	Listed for sale	$155,000+136.2%$70/sqft
Source: High Pointe Properties #72411479 Report a problem
1/16/2018	Sold	$65,625-63.5%$29/sqft
Source: Public Record Report a problem
12/13/2017	Listed for sale	--
Source: Auction.com Report a problem
3/23/2009	Listing removed	$179,900$81/sqft
Source: NCI #70824987 Report a problem
10/13/2008	Listed for sale	$179,900+117%$81/sqft
Source: NCI #70824987 Report a problem
9/30/1998	Sold	$82,900+314.5%$37/sqft
Source: Public Record Report a problem
2/11/1998	Sold	$20,000$9/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,669 +22.4%	$412,800 +29.9%
2024	$3,815 +25.9%	$317,900 +50%
2023	$3,029 +11.8%	$212,000 +21.6%
2022	$2,710 +2.1%	$174,400 +2.4%
2021	$2,655 -3.3%	$170,300 +0.2%
2020	$2,747 +12.6%	$170,000 +14.8%
2019	$2,439 -7.4%	$148,100 -6.5%
2018	$2,634 +7.3%	$158,400 +7.7%
2017	$2,455 +1.5%	$147,100 +0.3%
2016	$2,419 +7%	$146,700 +2.1%
2015	$2,260 +3.8%	$143,700
2014	$2,178 -3.8%	$143,700 -9%
2013	$2,263 -0.9%	$157,900 -4.9%
2012	$2,284 -6%	$166,000 -12%
2011	$2,430 -4.5%	$188,700 -10.8%
2010	$2,544 +11.4%	$211,500 +6%
2009	$2,284 +6.1%	$199,500 -2.2%
2008	$2,152 +2.3%	$204,000
2007	$2,103 +7.5%	$204,000 +13.3%
2006	$1,957 +6.2%	$180,000 +11%
2005	$1,843 +6.6%	$162,100 +16%
2004	$1,729 +27.2%	$139,800 +50.8%
2003	$1,359 +20.7%	$92,700 +26.8%
2002	$1,126 -2.2%	$73,100 +3.1%
2000	$1,151 +47%	$70,900 +20.2%
1996	$783	$59,000