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    212 North St New Bedford, MA 02740

    For Sale
    $529,000

    Three-unit property with renovation and income potential in New Bedford.

    Lot size:
    0.10 Acres

    Property Features for 212 North St

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1892

    Source: The Zenkin Realty Group LLC Agent Walter Zenkin

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

    Overview

    New Bedford Triplex Investment Opportunity

    This three-family home presents an investment opportunity. The first floor unit has been renovated, and the tenants will remain. The second floor unit is not renovated, and those tenants will also remain. The third floor is an efficiency unit, and the tenant will be vacating. Each unit has its own stove and refrigerator. The first floor and second floor units are heated by gas furnaces, while the third floor has electric heat. Water and sewer are public. Each unit is separately metered for electricity, with an additional meter for the common area, which costs less than $70 per month. The roof is made of shingles and is 10 years old. The first-floor hot water tank, which is gas-powered, was replaced a couple of months ago. The second-floor gas hot water tank was replaced one year ago, and the third-floor electric hot water tank was replaced five years ago. The property is located in New Bedford.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9381688
    Latitude
    41.6376615

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    FAQs

    What type of property is this?
    Triplex - Three-unit property with renovation and income potential in New Bedford.
    Where is this triplex located?
    The property is located at 212 North St New Bedford, MA.
    What is the asking price?
    The asking price for this property is $529,000.
    What are key features of this property?
    This property features: - Great investment property with three units; - Each unit is separately metered for electric; - Two units have their own gas furnaces
    (978) 495-6881
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    212 North St New Bedford, MA 02740
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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
    212 North St New Bedford, MA 02740
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