518 Cottage St, New Bedford MA 02740

New Bedford, MA 02740
$550,000
Est. $3,374/month
5
Beds
3
Baths
2,160
Sq Ft
$255
Price/Sq Ft
0.07
Acres
1892
Year Built
132
Days on Market
Active Price Drop -$20,000 Open House Listed Aug 21, 2025 • MLS# 73421006 Copied!

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. "As Is" sale.

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1892
Bedrooms
5
Full Bathrooms
3
Living Area
2,160 sq ft
Total Rooms
14
Stories
3
Levels
3

Open House Schedule

04
Jan
Sunday, January 4
11:00 AM - 11:45 AM EST

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1892
Living Area 2,160 sq ft
Lot Size 0.07 acres
Bedrooms 5
Full Baths 3
Total Rooms 14

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Unfinished
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch

Parking

Features None

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,709
Assessed Value $416,400

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1892
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Parking Features:

Location

Loading map...

Neighborhood

518 Cottage St, New Bedford MA 02740

New Bedford, MA 02740

Walkability

Loading Walk Score...

Nearby Schools

School District
New Bedford School District local
🎓 Where Graduates Go Class of 2021
31% attend college
13% 4-Year 18% 2-Year 4% Out of State 9% Working
School Safety 2024-25
6.0% Above Average
4.2% Suspensions 1.0% In-School 1.8% Emergency
0.5% above state avg
E

Elementary Schools

10 schools
Child and Family Services
0.4 mi
Grades K-12
B+
Trinity Day Academy
0.4 mi | #149 of 346 | Score: 72.4
Same rank as last year
93 students Diverse
College Ready Curriculum Diverse Student Body
Grades 04-12
Holy Family-Holy Name School
0.5 mi
Grades PK-08
C
Global Learning Charter Public School
1.1 mi | #263 of 346 | Score: 45.1
Improved 7 spots from last year
-13.1 below state avg
508 students Diverse
High Graduation Rate College Ready Curriculum Diverse Student Body
Grades 05-12
St. James-St. John School
1.1 mi
Grades PK-08
C+
Alma del Mar Charter School
1.6 mi | #234 of 352 | Score: 37.7
Improved 34 spots from last year
-20.5 below state avg
1,042 students Diverse
Grades K-08
Nazarene Christian Academy
1.6 mi
Grades PK-12
All Saints Catholic School
2.7 mi
Grades PK-08
F
John Avery Parker School
0.1 mi | #793 of 824 | Score: 29.2
Improved 34 spots from last year
-29 below state avg
289 students Diverse
Diverse Student Body
Grades PK
West End Day Nursery School
0.3 mi
Grades PK
M

Middle Schools

5 schools
Nativity Prep School
0.9 mi
Grades 05-08
Our Sisters' School
1.5 mi
Grades 05-06
C-
Keith Middle School
0.8 mi | #306 of 352 | Score: 30.8
Dropped 17 spots from last year
-27.4 below state avg
949 students Diverse
Diverse Student Body
Grades 06-08
C-
Normandin Middle School
2.6 mi | #291 of 352 | Score: 32.1
Improved 13 spots from last year
-26.1 below state avg
990 students Diverse
Diverse Student Body
Grades 06-08
C-
Roosevelt Middle School
2.7 mi | #307 of 352 | Score: 30.8
Improved 41 spots from last year
-27.4 below state avg
759 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
F
Whaling City Junior/Senior High School
0.7 mi | #337 of 346 | Score: 21.7
Improved 17 spots from last year
-36.5 below state avg
200 students Diverse
College Ready Curriculum Diverse Student Body
Grades 06-12
C
New Bedford High School
0.6 mi | #261 of 346 | Score: 45.3
Improved 40 spots from last year
-12.9 below state avg
2,878 students Diverse
19 sports • 1,326 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
C+
Greater New Bedford Vocational Technical High School
3.2 mi | #230 of 346 | Score: 48.4
Dropped 41 spots from last year
-9.8 below state avg
2,151 students Diverse
19 sports • 1,754 athletes
High Graduation Rate Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $392
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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.

Property History

Market Insights

15.7%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Aug 21, 2025
$550,000
Original listing
Office: Re/Max Impact
Previous Transaction - MLS #73321775
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 4, 2025
$463,500
MLS #73321775

Price & Status History

Date Event Price Change
Aug 21, 2025 New Listing Added $550,000
Apr 4, 2025 Sold $463,500

Market Statistics

Days on Market
132 days
Price per Sq Ft
$255
Total Price Drop
-$20,000

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

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for New Bedford, MA

Real-time market trends and pricing data for this area

518 Cottage St, New Bedford MA 02740 - Photo 1 518 Cottage St, New Bedford MA 02740 - Photo 2 518 Cottage St, New Bedford MA 02740 - Photo 3 518 Cottage St, New Bedford MA 02740 - Photo 4 518 Cottage St, New Bedford MA 02740 - Photo 5 518 Cottage St, New Bedford MA 02740 - Photo 6 518 Cottage St, New Bedford MA 02740 - Photo 7 518 Cottage St, New Bedford MA 02740 - Photo 8 518 Cottage St, New Bedford MA 02740 - Photo 9 518 Cottage St, New Bedford MA 02740 - Photo 10 518 Cottage St, New Bedford MA 02740 - Photo 11 518 Cottage St, New Bedford MA 02740 - Photo 12 518 Cottage St, New Bedford MA 02740 - Photo 13 518 Cottage St, New Bedford MA 02740 - Photo 14 518 Cottage St, New Bedford MA 02740 - Photo 15 518 Cottage St, New Bedford MA 02740 - Photo 16 518 Cottage St, New Bedford MA 02740 - Photo 17 518 Cottage St, New Bedford MA 02740 - Photo 18 518 Cottage St, New Bedford MA 02740 - Photo 19 518 Cottage St, New Bedford MA 02740 - Photo 20 518 Cottage St, New Bedford MA 02740 - Photo 21 518 Cottage St, New Bedford MA 02740 - Photo 22 518 Cottage St, New Bedford MA 02740 - Photo 23

Contact Agent

Schedule a Tour