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54 Russell St

New Bedford, MA 02740
$635,000
6 Beds
5 Baths
3,640 Living Area
  • Property Description
    ***Attention Investors*** Welcome to this stunning 4-family property nestled in the heart of New Bedford with the potential to add an ADU. Perfect for an owner occupant! This building offers an incredible investment opportunity with a total of 6 bedrooms spread across. Property consists of four 1 bed units and a bonus 2 bed unit. Key features include a fully renovated 2 bed 1bath and 1 bath unit delivered vacant at closing, meticulously kept systems including 5 new water heaters (2021), newer roof, heating units and separately metered gas & electric. The property also comes with 4 off street parking spots! Owners are licensed real estate professionals in MA. Agency has vested interest. Buyer/buyers agent to do their own due diligence. Seller has never occupied the property. OPEN HOUSE: Saturday 3/23 12-2 pm and Sunday 3/24 from 12-2 pm. Only showing at Open House.
  • Highlights
    • Heating: Natural Gas
    • Property Class: Residential Income
    • Total Rooms: 16
    • Status: Closed
    • Parking Spots: 4
    • Property Type: 4 Family
    • Year Built: 1871
  • Additional Details
    • Appliances: Washer/Dryer, Range, Refrigerator
    • Construction: Frame
    • Foundation: Concrete Perimeter
    • Lot Features: Corner Lot
    • Roof: Other
    • Year Built Details: Approximate
    • Zoning: Rc
    • Basement: Unfinished
    • Fireplaces: 6
    • 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
    • Parking Features: Off Street
  • Utilities
    • Electric: Circuit Breakers, Individually Metered
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $440,600
    • Compensation Based On: Net Sale Price
    • Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
    • Taxes: $5,287
    • Buyer Agent Compensation: 2.0%
    • Facilitator Compensation: 1.0%
    • Tax Year: 2024
    • Total Rent: $6,500

Location

54 Russell 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 Divine Real Estate, Inc.. 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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