First showings Saturday, September 19th after 11:00 AM!Beautifully renovated two-family property featuring four-car garage parking and spacious remodeled apartments. Both the first- and second-floor apartments offer three bedrooms, along with a versatile third-floor cottage area that provides additional space for storage, an office, or the potential to be converted into extra living space.Both apartments feature brand-new kitchens with white soft-close shaker cabinets, granite countertops, and stainless steel appliances. The bathrooms have been completely renovated with all-new fixtures, while new vinyl flooring runs throughout both units. Fresh modern gray paint and new lighting fixtures throughout the apartments and common hallways give the property a clean, contemporary feel.The four-car garage provides an excellent opportunity for additional storage or potential rental income.Property will be delivered vacant, offering flexibility for an owner-occupant or investor.
This home has been viewed 4 times
Last Checked: September 19th, 2026 at 6:48am (Source: MLS PIN #73579144)
Gross Income: $0
Gross Expenses: $4,804
Net Income Calc: $4,804
Annual Expenses for 515 Rivet St, New Bedford MA 02740
Total Gross Expenses (Calculated)$4,804/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4804.86
Annual Income & Unit Breakdown for 515 Rivet St, New Bedford MA 02740
Total Gross Income (Calculated)$0
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
General Information for 515 Rivet St, New Bedford MA 02740
Listing ID73579144
Property TypeMulti Family / 2 Family
Price599900 ($270.47/SqFt)
Style2 Family - 2 Units Up/down
CityNew Bedford
CountyBristol
Neighborhood(s)
Approximate Living Area Total2218
Approximate Lot Size (Acres)0.1
Total Parking11 (4 Garage)
Garage Parking4
Year Built1893
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
ZoningRC
Water Views
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 515 Rivet St, New Bedford MA 02740
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher & Dryer Are Negotiable
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 515 Rivet St, New Bedford MA 02740
Real Estate Taxes4804.86
Tax Year2026
Assessed Value$438,800
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 515 Rivet St, New Bedford MA 02740
Neighborhood(s)
Area Amenities
Contact Information for 515 Rivet St, New Bedford MA 02740