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221-223 Walnut St

New Bedford, MA 02740
$540,000
4 Beds
5 Baths
3,748 Living Area
  • Property Description
    ***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.
  • Highlights
    • Parking Spots: 6
    • Property Type: 4 Family
    • Year Built: 1803
    • Property Class: Residential Income
    • Total Rooms: 14
    • Status: Closed
  • Additional Details
    • Appliances: Range, Refrigerator
    • Construction: Frame
    • Foundation: Other
    • Lot Features: Corner Lot
    • Roof: Other
    • Year Built Details: Approximate
    • Zoning: Rc
    • Basement: Unfinished
    • Flooring: Wood
    • Interior Features: Living Room, Kitchen
    • Road Frontage Type: Public
    • Total Number of Units: 4
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, House of Worship, Private School, Public School, T-Station, University
  • Utilities
    • Electric: Individually Metered
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $386,300
    • Rental Fee Includes: Unit 1(Heat, Water), Unit 2(Heat, Water), Unit 3(Heat, Water), Unit 4(Heat, Water)
    • Taxes: $5,520
    • Compensation Based On: Net Sale Price
    • Tax Year: 2023
    • Total Rent: $4,000

Location

221-223 Walnut St, New Bedford, MA 02740

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Compass. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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