Back on market due to buyer financing — no fault of the property. This New Bedford 2-family offers a great opportunity for an owner occupant or investor, with 3 bedrooms and 1 full bath in each unit, updated electrical, 1st floor furnace updated in 2020, off-street parking, and a walk-up third floor offering potential for a cottage-style, two-level setup with the second-floor unit. The second floor is now vacant, giving the next owner added flexibility for occupancy, updates, or rental preparation. The property has already been through the FHA appraisal process, and the repairs identified during that process have been addressed — a helpful head start for buyers considering FHA financing. With a solid layout, income potential, and room to build equity over time, this well-priced multi-family is ready for its next buyer.
This home has been viewed 6 times
Last Checked: November 3rd, 2026 at 6:43am (Source: MLS PIN #73567248)
Gross Income: $18,000
Gross Expenses: $6,548
Net Income Calc: $11,452
Annual Expenses for 213 Austin St, New Bedford MA 02740
Total Gross Expenses (Calculated)$6,548/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4695
Annual Income & Unit Breakdown for 213 Austin St, New Bedford MA 02740
Total Gross Income (Calculated)$18,000
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 213 Austin St, New Bedford MA 02740
Listing ID73567248
Property TypeMulti Family
Price430000 ($182.2/SqFt)
StyleMulti Family
CityNew Bedford
CountyBristol
Neighborhood(s)
Approximate Living Area Total2360
Approximate Lot Size (Acres)0.06
Total Parking3
Garage Parking0
Year Built1889
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRB
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 213 Austin St, New Bedford MA 02740
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWall Mounted Tv's-Brackets To Remain
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 213 Austin St, New Bedford MA 02740
Real Estate Taxes4695
Tax Year2025
Assessed Value$415,100
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 213 Austin St, New Bedford MA 02740
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 213 Austin St, New Bedford MA 02740