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Active Under Contract

124 Washington St, New Bedford MA 02740

$549,000

Estimated $1,302/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $274,500

Total Rent: 23700/year

Estimated CAP Rate:

6 Bedrooms

Baths

2128

Total Parking: 1

3,999 (0.09)

Don’t miss this INCREDIBLE OPPORTUNITY to own a WELL-MAINTAINED TWO-FAMILY HOME in New Bedford. First Floor unit features THREE BEDROOMS and an UPDATED MODERN BATHROOM, offering SPACIOUS and COMFORTABLE LIVING.The property boasts DURABLE VINYL SIDING, a LOW-MAINTENANCE EXTERIOR, and a FULLY FENCED YARD that provides PRIVACY along with GREAT OUTDOOR SPACE for RELAXING or ENTERTAINING. The FIRST-FLOOR UNIT is PERFECT for an OWNER-OCCUPANT and can be DELIVERED VACANT, while the SECOND-FLOOR UNIT has a RELIABLE TENANT IN PLACE, offering FLEXIBILITY for both INVESTORS and OWNER-OCCUPANTS.Whether you’re seeking RENTAL INCOME or a MULTI-GENERATIONAL LIVING setup, this VERSATILE PROPERTY has FULL POTENTIAL.

This home has been viewed 6 times

Last Checked: June 17th, 2026 at 9:53am (Source: MLS PIN #73532221)

Gross Income: $23,700

Gross Expenses: $4,940

Net Income Calc: $18,760

Annual Expenses for 124 Washington St, New Bedford MA 02740

Total Gross Expenses (Calculated)$4,940/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4940

Annual Income & Unit Breakdown for 124 Washington St, New Bedford MA 02740

Total Gross Income (Calculated)$23,700

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 124 Washington St, New Bedford MA 02740

Listing ID73532221

Property TypeMulti Family

Price549000 ($257.99/SqFt)

StyleMulti Family

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total2128

Approximate Lot Size (Acres)0.09

Total Parking1

Garage Parking0

Year Built1871

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area0

Foundation Description

Accessible Features

Outdoor Space

ZoningRB

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 124 Washington St, New Bedford MA 02740

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 124 Washington St, New Bedford MA 02740

Real Estate Taxes4940

Tax Year2025

Assessed Value$436,800

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 124 Washington St, New Bedford MA 02740

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 124 Washington St, New Bedford MA 02740

Agent

Name: Veraluxe Team

Office

Name: Century 21 Mario Real Estate

Phone: 617-569-6044

Team Members

Name: Jorge Betancur

Name: Cristian Mesa

Payment Calculator

, Interest

Property Taxes 411.67

Principal & Interest 3382.76

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 Mario Real Estate

Veraluxe Team

Agent Phone

Office Phone

(617) 569-6044

Text Agent Call Agent Call Office

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    [unparsed] => 124 Washington St, New Bedford MA 02740
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EXIT

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