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You are here:
Home Massachusetts New Bedford Multi-Family Homes for Sale

221-223 Walnut St New Bedford, MA 02740

$524,999
4 Unit
4 Beds
5 Baths
3748 SQFT
0.15 Acre
221-223 Walnut St
New Bedford, MA 02740

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.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 5
  • Total Bedrooms: 4
  • Total Full Baths: 5
  • Amenities: Conservation Area, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Range, Refrigerator

Financial

  • APOD Available: Yes
  • Gross Operating Income: 48000
  • Net Operating Income: 48000

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Heat, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Heat, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Heat, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Included in Rent: Heat, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1803
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Other (See Remarks)
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73287762
  • Last Updated: 09/19/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
09/19/2024Contingent$524,999$140MLSPIN
09/14/2024Active$524,999$140MLSPIN
09/10/2024New$524,999$140MLSPIN

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View Breakdown

Map & Resources

Nativity Prep School

Private School, Grades: 5-8

0.1mi

Nativity Prep School

Private School, Grades: 5-8

0.1mi

Kennedy Donovan Center

Special Education, Grades: SP

0.15mi

St. James-St. John School

Private School, Grades: PK-8

0.28mi

Whaling City Junior/Senior High School

Public Secondary School, Grades: 6-12

0.31mi

Saint Marys School

School

0.34mi

Sgt. William H. Carney Memorial Academy Elementary School

Public Elementary School, Grades: PK-5

0.43mi

Holy Family-Holy Name School

Private School, Grades: PK-8

0.52mi

Green Bean

Cafe

0.19mi

Cafe Arpeggio

Comfort Food & Quick Bite & Breakfast (Cafe)

0.25mi

McDonald's

Burger (Fast Food)

0.35mi

Mey Breakfast

Donut (Fast Food)

1.17mi

Daily Made Donuts

Donut (Fast Food)

1.29mi

The Ice Cream Cottage

Ice Cream Parlor

1.16mi

Brick Pizzeria Napoletana

Pizzeria

0.2mi

Destination Soups

Restaurant

0.21mi

New Bedford Fire Department

Fire Station

0.52mi

New Bedford Fire Department

Fire Station

0.65mi

New Bedford Fire Department

Fire Station

1.15mi

New Bedford Fire Department

Fire Station

1.28mi

New Bedford Fire Department

Fire Station

1.56mi

New Bedford Police Station

Police

0.2mi

NOAA Fisheries

Police

0.34mi

New Bedford Police Facility

Local Police

1.11mi

Buttonwood Park Zoo

Zoo

1.27mi

TL6 the Gallery

Gallery

0.24mi

Gallery X

Gallery

0.25mi

New Bedford Art Museum

Museum

0.23mi

New Bedford Fire Museum

Museum

0.24mi

New Bedford Whaling Museum

Museum

0.29mi

New Bedford Fishing Heritage Center

Museum

0.35mi

New Bedford YMCA

Sports Centre

0.21mi

Betsey B. Winslow School Baseball Field

Sports Centre. Sports: Baseball

1.05mi

Paul Walsh Field

Sports Centre. Sports: Baseball

1.18mi

Keith Middle School Sports Field

Sports Centre. Sports: Soccer, Lacrosse

1.4mi

Carabiners

Fitness Centre. Sports: Climbing, Fitness

1.29mi

Carabiner's

Fitness Centre

1.3mi

The Yogaguru US

Fitness Centre. Sports: Yoga

1.39mi

Baby Kenny's Tot Lot

Park

0.15mi

New Bedford Whaling National Historical Park Boundary

Park

0.18mi

Wings Court Park

Park

0.2mi

Montes Park

Park

0.23mi

Custom House Square Park

Park

0.24mi

54th Massachusetts Plaza

Park

0.26mi

Paul Cuffe Park

Park

0.27mi

Coast Guard Park

Municipal Park

0.33mi

South First Street Tot Lot

Recreation Ground

0.8mi

South First Street Tot Lot

Recreation Ground

0.8mi

Harrington Playground

Playground

0.69mi

Betsey B. Winslow School Playgrond

Playground

0.97mi

Bonney St. Playground

Playground

0.99mi

New Bedford Law Library

Library

0.13mi

New Bedford Free Public Library

Library

0.22mi

Health Sciences Library

Library

0.69mi

Casa Da Saudade Branch Library

Library

0.7mi

Lawler Branch Library

Library

1.15mi

Howland-Green Branch Library

Library

1.16mi

Millicent Library

Library

1.25mi

Bush Quality Cleaners

Laundry

1.22mi

Speedway

Convenience

1.21mi

Cumberland Farms

Convenience

1.31mi

Rent-A-Center

Furniture

1.21mi

Globe Furniture Warehouse

Furniture

1.32mi

Stop & Shop

Supermarket

1.11mi

Demello's Market

Supermarket

1.14mi

Stop & Shop

Supermarket

1.16mi

Family Dollar

Variety Store

0.95mi

Seller's Representative: Candor Realty Group, Four Points Real Estate, LLC
MLS ID#: 73287762

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-09-19 11:54:00

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