498-500 S 2nd St, New Bedford MA 02744

New Bedford, MA 02744
$699,000
Est. $4,288/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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10
Beds
5
Baths
4,485
Sq Ft
$156
Price/Sq Ft
0.15
Acres
1920
Year Built
1
Garage Space
New today
Time on Market
For Sale Listed Nov 12, 2026 • MLS# 73601677 Copied! • Updated Nov 12, 2026

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About this home

Two buildings, one opportunity—all for $699,000! 498 and 500 South Second Street offer two multifamily buildings on one parcel. The two-family features two 2-bedroom units, while the three-family includes two 2-bedroom units and an unfinished third-floor unit with a 2-bedroom layout, gutted to the studs and ready for your vision. Both buildings have roofs replaced within the last three years and newer hot water tanks, with updated electrical at 500. Off-street parking adds convenience, with potential for additional rear parking, subject to City approval. Bring your ideas and explore the possibilities!

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Price & Status History

Property Timeline

🏠
Listed for Sale
Nov 12, 2026
$699,000
Original listing
Agent: Colleen Keefe Office: Keller Williams South Watuppa

Tax History

Year Taxes Assessment
2025 $6,638 $586,900

Financial Details

Annual Property Tax
$6,638
Tax Year 2025
Assessed Value
$586,900

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1920
Living Area 4,485 sq ft
Lot Size 0.15 acres
Stories 13
Bedrooms 10
Full Baths 5
Total Rooms 20

Investment Metrics

Units 5
Unit 1 Rent — · N
Unit 2 Rent — · N
Unit 3 Rent — · N
Unit 4 Rent — · N
Heating None
Cooling None
Flooring Wood, Vinyl
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Patio
Garage Spaces 1
Has Garage Yes
Features Paved Drive, Shared Driveway, Off Street
Total Spaces 6
Electric Fuses, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $6,638
Assessed Value $586,900
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Information Herein Is Limited And Based On Available City Records; Accuracy And Completeness Are Not Guaranteed. Buyers And Their Agents Must Perform Their Own Due Diligence And Independently Verify All Information, Including Square Footage, Unit Count, And Permitted Use.
Exclusions 498 First Floor, Refrigerator Belongs To The Tenant.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures Third-floor unit at 500 South Second St. is unfinished; 782 sqft with 2 bed,1 bath
Documents None
County Bristol

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
10
Full Bathrooms
5
Living Area
4,485 sq ft
Total Rooms
20
Stories
13
Levels
13

Floor Layout

Interior Features

Flooring: Wood, Vinyl
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone
Stories: 13

Utilities & Systems

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 6
Parking Features: Paved Drive, Shared Driveway, Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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Loan Amount
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After down payment
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $553
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

498-500 S 2nd St, New Bedford MA 02744

New Bedford, MA 02744

Listing Information

Listing Agent Colleen Keefe
Listing Office Keller Williams South Watuppa
Office Phone 508-677-3233
Agent MLS ID CN237786
Office MLS ID AN3817
Listing Data Updated Nov 12, 2026 3:57 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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