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33 Madison St, New Bedford MA 02740

$499,900

Estimated $1,240/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $249,950

Total Rent: 30000/year

Estimated CAP Rate:

6 Bedrooms

Baths

2484

Total Parking: 6 (2 Garage)

4,688 (0.11)

Presenting a truly exceptional multi-family property at 33 Madison St, New Bedford, MA, a distinguished edifice constructed in 1839. This expansive estate, encompassing a substantial 41,140 square feet of living area on a remarkable 502,000 square foot lot, offers a unique opportunity for discerning investors and residents alike. The property features six well-proportioned bedrooms, providing ample private accommodations across its two stories. Complementing the residential spaces are two full bathrooms and two half bathrooms, thoughtfully distributed to serve the needs of multiple occupants. Further enhancing the property's utility is a two-car garage, offering secure parking and additional storage solutions. To truly appreciate the scale and potential of this historic multi-family property, we invite you to schedule a private viewing.

This home has been viewed 5 times

Last Checked: July 27th, 2026 at 8:03am (Source: MLS PIN #73555132)

Gross Income: $30,000

Gross Expenses: $5,149

Net Income Calc: $24,851

Annual Expenses for 33 Madison St, New Bedford MA 02740

Total Gross Expenses (Calculated)$5,149/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5149

Annual Income & Unit Breakdown for 33 Madison St, New Bedford MA 02740

Total Gross Income (Calculated)$30,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent Includes

General Information for 33 Madison St, New Bedford MA 02740

Listing ID73555132

Property TypeMulti Family

Price499900 ($201.25/SqFt)

StyleDuplex

CityNew Bedford

CountyBristol

MLS AreaSouth End

Neighborhood(s)

Approximate Living Area Total2484

Approximate Lot Size (Acres)0.11

Total Parking6 (2 Garage)

Garage Parking2

Year Built1839

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 Features

Terms

Disclosures for 33 Madison St, New Bedford MA 02740

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsElectric Fireplace

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 33 Madison St, New Bedford MA 02740

Real Estate Taxes5149

Tax Year2025

Assessed Value$455,300

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 33 Madison St, New Bedford MA 02740

Elementary SchoolGomes

Neighborhood(s)

MLS AreaSouth End

Area Amenities

Contact Information for 33 Madison St, New Bedford MA 02740

Agent

Name: Miriam Watkins

Office

Name: Mosaic Realty Group, Inc.

Phone: 508-542-4009

Team Members

Payment Calculator

, Interest

Property Taxes 429.08

Principal & Interest 3080.22

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Mosaic Realty Group, Inc.

Miriam Watkins

Agent Phone

Office Phone

(508) 542-4009

Text Agent Call Agent Call Office

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EXIT