Here’s an excellent opportunity to own a well-located three-family property in New Bedford, Massachusetts. Situated on a corner lot, the property benefits from abundant natural light and offers a flexible layout that can appeal to both investors and owner-occupants. Each of the three spacious units features a pantry, kitchen/dining area, living room, three full bedrooms, hardwood flooring, and a front porch. Additional property updates include newer windows and newer hot water heaters. The apartments have had multiple upgrades. The service has been upgraded from 100-amp to 200-amp service. The Solar contract that is transferable. All three apartment floors have been sanded and repolished within the last few years. All three floors have newer ceiling fans, have dishwashers, and the second floor has a newer updated kitchen. A full basement provides washer and dryer hookups, adding convenience for tenants and potential value for the owner. The fenced-in yard provides private outdoor space for gatherings, cookouts, or simply relaxing. The property also includes a three-car garage, creating an additional opportunity for rental income or convenient off-street parking. For an investor, the property offers the potential to generate income from three residential units along with the garage. An owner-occupant could live in one unit while renting the remaining units to help offset mortgage and operating expenses. New Bedford continues to attract attention because of its location, transportation improvements, maritime economy, and ongoing investment in its waterfront and downtown areas. The city is home to a significant working waterfront and has become an important center for the emerging offshore wind industry. Massachusetts has identified New Bedford as a key location for offshore-wind-related infrastructure, jobs, and supply-chain activity. One of the most significant recent infrastructure developments in New Bedford is the arrival of South Coast Rail commuter service. The New Bedford Line provides direct service to Boston's South Station, giving residents another transportation option for commuting to Boston and other communities along the rail network. Call today for a private viewing.
This home has been viewed 39 times
Last Checked: September 27th, 2026 at 6:08am (Source: MLS PIN #73581098)
Gross Income: $60,000
Gross Expenses: $5,455
Net Income Calc: $54,545
Annual Expenses for 543 Coggeshall St, New Bedford MA 02746
Total Gross Expenses (Calculated)$5,455/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5455
Annual Income & Unit Breakdown for 543 Coggeshall St, New Bedford MA 02746
Total Gross Income (Calculated)$60,000
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
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 543 Coggeshall St, New Bedford MA 02746
Listing ID73581098
Property TypeMulti Family / 3 Family
Price689000 ($199.88/SqFt)
Style3 Family
CityNew Bedford
CountyBristol
Neighborhood(s)
Approximate Living Area Total3447
Approximate Lot Size (Acres)0.09
Total Parking9 (3 Garage)
Garage Parking3
Year Built1916
Year Built SourcePublic Records
Year Built DetailsActual,Approximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRC
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 543 Coggeshall St, New Bedford MA 02746
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 543 Coggeshall St, New Bedford MA 02746
Real Estate Taxes5455
Tax Year2025
Assessed Value$482,300
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 543 Coggeshall St, New Bedford MA 02746
Neighborhood(s)
Area Amenities
Contact Information for 543 Coggeshall St, New Bedford MA 02746