170 Rivet Street

New Bedford, MA 02744

$690,000
Price
12
Beds
6
Baths
4,776 Sq. Ft.
$144 / Sq. Ft.
4,776
Sq. Ft.
$144
per Sq. Ft.

Description

Fantastic Investment Opportunity. This meticulously maintained 6-unit property in the vibrant South End of the city is a rare find in a condition such as this. Boasting replacement windows, separate utilities, and a newer roof, this well-maintained building offers a hassle-free investment. Situated just a short distance from Ashley Park/Goulart Square and County Street, the location is ideal for tenants seeking convenience. Don't miss out on this fantastic opportunity to add a solid investment property...Fantastic Investment Opportunity. This meticulously maintained 6-unit property in the vibrant South End of the city is a rare find in a condition such as this. Boasting replacement windows, separate utilities, and a newer roof, this well-maintained building offers a hassle-free investment. Situated just a short distance from Ashley Park/Goulart Square and County Street, the location is ideal for tenants seeking convenience. Don't miss out on this fantastic opportunity to add a solid investment property to your portfolio.

Listing Agent

  1. Mathew J. Arruda

    Mathew J. Arruda

    Alternative Listing Agent

    Compass

Property Details for 170 Rivet Street

Town
New Bedford
MLS Area
South
Area
MA-New Bedford-South, MA-New Bedford
Garage Spaces
0
Parking Spaces
.00
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LISTING UPDATED: 04/25/2024 03:26 PM

Property Details for 170 Rivet Street

StatusContingent
MLS #73211597
Days on Market26
Taxes$5,906 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1895
CountyBristol County
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Building Information for 170 Rivet Street

Stories9Residences6Year Built1895Building Size-Lot Size0.08 AC / 3,350 SF

Payment Calculator

$4,258 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,766

Property Taxes

$492

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 170 Rivet Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, Private School, Public School
  • Living Area: 4776.0
  • Color: White
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Gomes
  • High School: Nb High/Gnbvths
  • Middle School: Roosevelt
Features
Interior Features
  • Basement Features: Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Vinyl, Carpet
  • Interior Features: Laundry Room
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Wooded
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:0024 L:0018,2885897
  • Assessments: $492,200
  • Book: 11021
  • Lot: 18
  • Map: 24
  • Tax Year: 2024
  • Zoning: MUB
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 6
  • Heat Zones: 6
Income / Expenses
  • Electricity: $600.00
  • Annual Expenses Source: Accountant
  • GOI: $58,800.00
  • Gross Scheduled Income: $.00
  • Insurance: $7,300.00
  • GRE: $16,286
  • HTE: $0
  • MGF: $0
  • MSE: $0
  • RFS: $0
  • RME: $0
  • NOI: $42,514.00
  • Operating Expense: $16,286.00
  • WSE: $3,086.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,900.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 170 Rivet Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 170 Rivet Street

Taxable ValueLand$72,700Additions$419,500Total$492,200
Tax Record2024$5,906 ($492 / month)
Home Facts
Baths6Total Finished SqFt4,776 SqFtAbove Grade Finished SqFt4,776 SqFtUnfinished Basement SqFt1,592 SqFtStories3Lot Size3,350 SqFtStyleMulti-Family Res (5+ Units)Year Built1895ZoningMUBCountyBRISTOLAPNNEWB M:0024 L:0018

Schools near 170 Rivet Street

This home is within New Bedford School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
John B Devalles
PublicK to 5

Roosevelt Middle School
Public6 to 8

New Bedford High School
Public9 to 12

Whaling City Junior/Senior High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.