Exceptional opportunity to own a well-located multi-family property in the heart of New Bedford. 151–153 Adams Street offers flexible living arrangements ideal for both owner-occupants and investors alike. This spacious property features multiple units with generous layouts, abundant natural light, and classic New England charm. A standout feature is the townhouse-style configuration connecting the second and third floors, creating the potential for an accessory dwelling unit (ADU) or expanded living space. The third floor can function as a private extension of the second-floor unit—perfect for multigenerational living, a home office suite, or additional rental income. Additional highlights include off-street parking, separate utilities, and a convenient location near local amenities, public transportation, schools, and major routes. Whether you're looking to maximize rental income or customize a unique owner-occupied setup, this property delivers options.
This home has been viewed 2 times
Last Checked: May 1st, 2026 at 8:23am (Source: MLS PIN #73510512)
Gross Income: $20,400
Gross Expenses: $4,965
Net Income Calc: $15,435
Annual Expenses for 151-153 Adams St, New Bedford MA 02746
Total Gross Expenses (Calculated)$4,965/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4965
Annual Income & Unit Breakdown for 151-153 Adams St, New Bedford MA 02746
Total Gross Income (Calculated)$20,400
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 151-153 Adams St, New Bedford MA 02746
Listing ID73510512
Property TypeMulti Family
Price599900 ($221.04/SqFt)
StyleMulti Family
CityNew Bedford
CountyBristol
Neighborhood(s)
Approximate Living Area Total2714
Approximate Lot Size (Acres)0.08
Total Parking2
Garage Parking0
Year Built1913
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRB
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 151-153 Adams St, New Bedford MA 02746
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsNo
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 151-153 Adams St, New Bedford MA 02746
Real Estate Taxes4965
Tax Year2025
Assessed Value$439,000
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 151-153 Adams St, New Bedford MA 02746
Neighborhood(s)
Area Amenities
Contact Information for 151-153 Adams St, New Bedford MA 02746