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185 Richmond St, New Bedford MA 02740

$659,900

Estimated $1,501/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $219,966.67

Total Rent: 33600/year

Estimated CAP Rate:

6 Bedrooms

Baths

2540

Total Parking: 0

5,449 (0.13)

Welcome to 185 Richmond St, a well maintained 3 family home offering an excellent opportunity for investors, owner occupants, or those looking for additional rental income. Each unit provides comfortable living space, while the property's updates and amenities make it stand out. The home features updated windows, fence, flooring, blown in insulation, hot water tanks, front & back porch, leased solar panels for 2nd floor unit, unground pool, jacuzzi, and shed, perfect for relaxing, entertaining and enjoying summer days with family and friends. Conveniently located in New Bedford. 24 hour notice required.If having an in-ground pool is a deterrent, the cost of filling in the pool is $7,000.

This home has been viewed 4 times

Last Checked: October 2nd, 2026 at 9:18am (Source: MLS PIN #73562347)

Gross Income: $33,600

Gross Expenses: $5,170

Net Income Calc: $28,430

Annual Expenses for 185 Richmond St, New Bedford MA 02740

Total Gross Expenses (Calculated)$5,170/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5170

Annual Income & Unit Breakdown for 185 Richmond St, New Bedford MA 02740

Total Gross Income (Calculated)$33,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 185 Richmond St, New Bedford MA 02740

Listing ID73562347

Property TypeMulti Family / 3 Family

Price659900 ($259.8/SqFt)

Style3 Family

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total2540

Approximate Lot Size (Acres)0.13

Total Parking0

Garage Parking0

Year Built1896

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningMUB

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 185 Richmond St, New Bedford MA 02740

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsHand-Carved Wooden Wall Art

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 185 Richmond St, New Bedford MA 02740

Real Estate Taxes5170

Tax Year2025

Assessed Value$519,400

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 185 Richmond St, New Bedford MA 02740

Neighborhood(s)

Area Amenities

Contact Information for 185 Richmond St, New Bedford MA 02740

Agent

Name: Kathy M. Dehner

Office

Name: Seaport Realty

Phone: 508-742-6387

Team Members

Payment Calculator

, Interest

Property Taxes 430.83

Principal & Interest 4066.09

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Seaport Realty

Kathy M. Dehner

Agent Phone

Office Phone

(508) 742-6387

Text Agent Call Agent Call Office

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    [unparsed] => 185 Richmond St, New Bedford MA 02740
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EXIT

39 More Photos

Pending

185 Richmond St, New Bedford MA 02740

$659,900

Annual Expenses for 185 Richmond St, New Bedford MA 02740

Annual Income & Unit Breakdown for 185 Richmond St, New Bedford MA 02740

General Information for 185 Richmond St, New Bedford MA 02740

Disclosures for 185 Richmond St, New Bedford MA 02740

Financial Information for 185 Richmond St, New Bedford MA 02740

Location Information for 185 Richmond St, New Bedford MA 02740

Contact Information for 185 Richmond St, New Bedford MA 02740

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Seaport Realty

Kathy M. Dehner