54 Russell Street

New Bedford, MA 02740

$599,995
Price
6
Beds
5
Baths
3,640 Sq. Ft.
$165 / Sq. Ft.
3,640
Sq. Ft.
$165
per Sq. Ft.

Description

Attention Investors Welcome to this stunning 4-family property nestled in the heart of New Bedford with the potential to add an ADU. Perfect for an owner occupant! This building offers an incredible investment opportunity with a total of 6 bedrooms spread across. Property consists of four 1 bed units and a bonus 2 bed unit. Key features include a fully renovated 2 bed 1bath and 1 bath unit delivered vacant at closing, meticulously kept systems including 5 new water heaters (2021), newer roof, heating...Attention Investors Welcome to this stunning 4-family property nestled in the heart of New Bedford with the potential to add an ADU. Perfect for an owner occupant! This building offers an incredible investment opportunity with a total of 6 bedrooms spread across. Property consists of four 1 bed units and a bonus 2 bed unit. Key features include a fully renovated 2 bed 1bath and 1 bath unit delivered vacant at closing, meticulously kept systems including 5 new water heaters (2021), newer roof, heating units and separately metered gas & electric. The property also comes with 4 off street parking spots! Owners are licensed real estate professionals in MA. Agency has vested interest. Buyer/buyers agent to do their own due diligence. Seller has never occupied the property. OPEN HOUSE: Saturday 3/23 12-2 pm and Sunday 3/24 from 12-2 pm. Only showing at Open House.
  1. Listed by Candor Realty Group • Four Points Real Estate, LLC
  2. Listed by Andrew Freed • Four Points Real Estate, LLC

Property Details for 54 Russell Street

Town
New Bedford
Area
MA-New Bedford
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4

Location

Listing Courtesy of Four Points Real Estate, LLC, Candor Realty Group; Four Points Real Estate, LLC, Andrew Freed
Add your commute
LISTING UPDATED: 04/24/2024 08:27 AM

Property Details for 54 Russell Street

StatusUnder Agreement
MLS #73206042
Days on Market44
Taxes$5,287 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1871
CountyBristol County

Location

Listing Courtesy of Four Points Real Estate, LLC, Candor Realty Group; Four Points Real Estate, LLC, Andrew Freed
Add your commute

Building Information for 54 Russell Street

Stories9Residences4Year Built1871Building Size-Lot Size0.12 AC / 5,149 SF

Payment Calculator

$3,715 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$441

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 54 Russell Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, House of Worship, Private School, Public School, T-Station
  • Living Area: 3640.0
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Washer/Dryer, Range, Refrigerator
  • Basement Features: Unfinished Basement
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: Yes
  • Fireplaces: 6
  • Interior Features: Living Room, Kitchen
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch, Deck - Wood
  • Lot Description: Corner Lot
  • Patio And Porch Features: Porch, Deck - Wood
  • Roof Material: Other
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: Owners are licensed real estate professionals in MA. Agency has vested interest in this property. Buyer/buyers agent to do their own due diligence. Seller has never occupied the property.
Tax Information
  • Tax ID: M:0041 L:0245,2889446
  • Assessments: $440,600
  • Book: 14753
  • Tax Year: 2024
  • Zoning: RC
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • GOI: $.00
  • NOI: $.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: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,500.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 1.0

Property History for 54 Russell 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 54 Russell Street

Taxable ValueLand$79,400Additions$361,200Total$440,600
Tax Record2024$5,287 ($441 / month)
Home Facts
Baths5Total Finished SqFt3,498 SqFtAbove Grade Finished SqFt3,498 SqFtUnfinished Basement SqFt1,535 SqFtStories2Lot Size5,149 SqFtStyleMulti-Family Res (5+ Units)Year Built1871ZoningRCCountyBRISTOLAPNNEWB M:0041 L:0245Fireplace TypeHas Fireplace

Schools near 54 Russell 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.

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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.

Listing Courtesy of Four Points Real Estate, LLC, Candor Realty Group; Four Points Real Estate, LLC, Andrew Freed

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.