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115 Ruth St, New Bedford MA 02744

$629,900

Estimated $1,500/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $209,966.67

Total Rent: 54000/year

Estimated CAP Rate:

9 Bedrooms

Baths

3897

Total Parking: 0

2,139 (0.05)

Welcome to your new exceptional investment opportunity in New Bedford’s South End! This well-maintained three-family property features three spacious units, each offering 3 bedrooms and 1 full bath. Whether you’re looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this property offers tremendous potential. Conveniently located just a half-mile from West Beach, residents can enjoy easy access to the waterfront, parks, dining, and local amenities. Situated directly across from the police station, the property benefits from a highly visible and convenient location. Each unit offers generous living space, making it attractive to both tenants and owner-occupants alike. Don’t miss your chance to own a versatile multi-family property in one of New Bedford’s most desirable neighborhoods. Group showing Friday June 19th from 5-6 PM. Call or text to schedule a time! All Offers are due by Sunday June 21st at Noon.

This home has been viewed 15 times

Last Checked: June 18th, 2026 at 11:23am (Source: MLS PIN #73531847)

Gross Income: $54,000

Gross Expenses: $5,749

Net Income Calc: $48,251

Annual Expenses for 115 Ruth St, New Bedford MA 02744

Total Gross Expenses (Calculated)$5,749/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5749

Annual Income & Unit Breakdown for 115 Ruth St, New Bedford MA 02744

Total Gross Income (Calculated)$54,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 115 Ruth St, New Bedford MA 02744

Listing ID73531847

Property TypeMulti Family / 3 Family

Price629900 ($161.64/SqFt)

Style3 Family

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total3897

Approximate Lot Size (Acres)0.05

Total Parking0

Garage Parking0

Year Built1905

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRC

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 115 Ruth St, New Bedford MA 02744

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTv On The Deck And Garage Tv

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 115 Ruth St, New Bedford MA 02744

Real Estate Taxes5749

Tax Year2025

Assessed Value$508,300

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 115 Ruth St, New Bedford MA 02744

Neighborhood(s)

Area Amenities

Contact Information for 115 Ruth St, New Bedford MA 02744

Agent

Name: Brendan Manning

Office

Name: LPT Realty - Home & Key Group

Phone: 877-366-2213

Payment Calculator

, Interest

Property Taxes 479.08

Principal & Interest 3881.24

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

LPT Realty - Home & Key Group

Brendan Manning

Agent Phone

Office Phone

(877) 366-2213

Text Agent Call Agent Call Office

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    [unparsed] => 115 Ruth St, New Bedford MA 02744
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EXIT

26 More Photos

Active

115 Ruth St, New Bedford MA 02744

$629,900

Annual Expenses for 115 Ruth St, New Bedford MA 02744

Annual Income & Unit Breakdown for 115 Ruth St, New Bedford MA 02744

General Information for 115 Ruth St, New Bedford MA 02744

Disclosures for 115 Ruth St, New Bedford MA 02744

Financial Information for 115 Ruth St, New Bedford MA 02744

Location Information for 115 Ruth St, New Bedford MA 02744

Contact Information for 115 Ruth St, New Bedford MA 02744

Agent

Office

Payment Calculator

Exclusive Listing Agent

LPT Realty - Home & Key Group

Brendan Manning