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    234 Phillips Ave New Bedford, MA 02746

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    For Sale
    $695,000

    Three-unit multifamily property in excellent condition, ideal for investors.

    Lot size:
    0.09 Acres

    Property Features for 234 Phillips Ave

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1911

    Source: ERA The Castelo Group Agent Manuel Rodrigues

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Bedford Multifamily Property

    This multifamily property in New Bedford features three units, each with three bedrooms, a living room, a dining room, and a kitchen. Some units offer a living room and dining room combination. The property is noted for its hardwood floors, well-maintained kitchens and baths, and overall excellent condition. It is suitable for either owner-occupancy or investment purposes. Located in the North End, each of the three floors is equipped with hot water baseboard heating fueled by gas.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9294078
    Latitude
    41.6625221

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    FAQs

    What type of property is this?
    Apartment building - Three-unit multifamily property in excellent condition, ideal for investors.
    Where is this apartment building located?
    The property is located at 234 Phillips Ave New Bedford, MA.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Three 3-bedroom units, ideal for owner-occupancy or investment.; - All units feature hardwood floors, beautiful kitchens and baths.; - Excellent condition throughout the property.
    (508) 287-2826
    Request Owner's contact information
    234 Phillips Ave New Bedford, MA 02746
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    234 Phillips Ave New Bedford, MA 02746
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