518 Cottage St, New Bedford MA 02740

New Bedford, MA 02740
$560,000
Est. $2,981/month
5
Beds
3
Baths
2,160
Sq Ft
$259
Price/Sq Ft
0.07
Acres
1892
Year Built
3 Family
Type
Active Under Contract Price Drop -$10,000 Listed Sep 28, 2025 • MLS# 73421006

About this home

Five-bedroom, 3 family property in New Bedford, ideal for investors or owner-occupants! Offering strong rental income potential. This property is conveniently located near commuter train to Boston, highway access, schools and shopping. Whether you're expanding your portfolio or seekig a home with built-in income, this property is a must-see.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1892
Bedrooms
5
Full Bathrooms
3
Living Area
2,160 sq ft
Total Rooms
14
Stories
3
Levels
3

Interior Features

Has Fireplace
No
Basement Details
Full, Unfinished

Exterior & Structure

Foundation
Stone
Patio/Porch Features
Porch
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.07 acres
Lot Size
3,202 sq ft
Lot Size Area
0.0700
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Has Garage
No

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,709
Tax Year
2025
Tax Assessed Value
$416,400
Parcel Number
M:0071 L:0307,2895073
Zoning
RB

Additional Details

Year Built Source
Public Records
Year Built Details
Actual

Location

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Neighborhood

518 Cottage St, New Bedford MA 02740

New Bedford, MA 02740

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $392
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1
Price Changes
1.8%
Price Range

Property Timeline

Price Reduced
Sep 19, 2025
$560,000 $10,000 (-1.75%)
From $570,000 to $560,000 (-1.8%)
🏠
Listed for Sale
Aug 21, 2025
$560,000
Original listing
Agent: Michelle Gerez Office: Re/Max Impact
🏠
Listed for Sale
Aug 21, 2025
$570,000
Original listing
Office: Re/Max Impact

Price & Status History

Date Event Price Change
Sep 19, 2025 Price Changed $560,000 -$10,000
Aug 21, 2025 New Listing Added $560,000
Aug 21, 2025 New Listing Added $570,000

Market Statistics

Time on Market
Price per Sq Ft
$259
Total Price Drop
-$10,000

Tax History

Year Taxes Assessment
2025 $4,709 $416,400

Financial Details

Annual Property Tax
$4,709
Tax Year 2025
Assessed Value
$416,400

Listing Information

Listing Agent Michelle Gerez
Listing Office Re/Max Impact
Agent MLS ID CN229499
Office MLS ID AN7664

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