242 Walnut Street

New Bedford, MA 02740

$340,000
Last Sold Price
11
Beds
2
Baths
2
1/2 Baths
4,325 Sq. Ft.
$79 / Sq. Ft.
4,325
Sq. Ft.
$79
per Sq. Ft.

Description

New Bedford Center, Boarding /Rooming house within walking distance to the Historic District and waterfront. MONEY MAKER. 10 units / bedrooms and one apartment w 3 rooms with kitchen dining area one bedroom and full bath, one additional full bath and 2 half baths. Gas furnace and one electrical panel for the entire building. Gas heat, hot water and electric are paid by the landlord. Interior is clean, well maintained building with beautiful varnished woodwork and staircase, replacement windows. Units...New Bedford Center, Boarding /Rooming house within walking distance to the Historic District and waterfront. MONEY MAKER. 10 units / bedrooms and one apartment w 3 rooms with kitchen dining area one bedroom and full bath, one additional full bath and 2 half baths. Gas furnace and one electrical panel for the entire building. Gas heat, hot water and electric are paid by the landlord. Interior is clean, well maintained building with beautiful varnished woodwork and staircase, replacement windows. Units vary in size, total GLA is 4325. New roof, including mansard roof is 2 years old with remaining warranty, Detached garage needs work mostly back wall and back portion of the roof. Full basement with partial walk out. Covered side porch and front portico. Covid rules in effect, for in-person showings, facial coverings required.
  1. Listed by Manuel A. Medeiros • Medeiros & Associates Real Estate

Property Details for 242 Walnut Street

Town
New Bedford
Area
MA-New Bedford
Garage Spaces
2
Parking Spaces
4.00
Parking Spaces Total
6

Location

Listing Courtesy of Medeiros & Associates Real Estate, Manuel A. Medeiros

Sold By Medeiros & Associates Real Estate, Manuel A. Medeiros

Add your commute
LISTING UPDATED: 08/06/2022 07:29 AM

Property Details for 242 Walnut Street

StatusSold
MLS #72713451
Days on Market111
Taxes$4,537 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - Rooming House
Year Built1877
CountyBristol County

Location

Listing Courtesy of Medeiros & Associates Real Estate, Manuel A. Medeiros

Sold By Medeiros & Associates Real Estate, Manuel A. Medeiros

Add your commute

Building Information for 242 Walnut Street

Stories7Residences11Year Built1877Building Size-Lot Size0.13 AC / 5,872 SF

Payment Calculator

$2,234 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,856

Property Taxes

$378

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 242 Walnut Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Marina
  • Current Financing: Conv Ins
  • Living Area: 4325.0
  • Color: Grey
  • Total Units: 11
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 2
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Wood
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Fencing: Fenced/Enclosed
  • Lot Description: Gentle Sloping
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
  • View: City View(s)
  • View: Yes
  • Waterfront Features: Beach Front, Bay, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers, 100 Amp Service
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Listing Terms: Contract
  • Tax ID: 2890684
  • Assessments: $280,800
  • Book: 5232
  • Tax Year: 2000
  • Zoning: RA
Building / Association Information
Living Characteristics
  • Beds Total: 11
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Granite
  • Frontage: 54.00
Income / Expenses
  • GOI: $56,800.00
  • NOI: $33,748.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,733.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 1.0

Property History for 242 Walnut 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 242 Walnut Street

Taxable ValueLand$82,100Additions$382,500Total$464,600
Tax Record2024$5,575 ($465 / month)
Home Facts
Baths1.5Total Finished SqFt4,325 SqFtAbove Grade Finished SqFt4,325 SqFtUnfinished Basement SqFt1,668 SqFtStories3Lot Size5,872 SqFtStyleMulti-Family Res (5+ Units)Year Built1877ZoningRACountyBRISTOLAPNNEWB M:0046 L:0133

Schools near 242 Walnut Street

This home is within New Bedford School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Renaissance Community School For The Arts
PublicPK to 5

Alfred J Gomes
PublicK to 5

Roosevelt Middle School
Public6 to 8

New Bedford High School
Public9 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Medeiros & Associates Real Estate, Manuel A. Medeiros

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.