Active
10 Days on market
56 Independent St New Bedford — Photo 1 of 36

56 Independent St New Bedford — Photo 1 of 36

$587,700

56 Independent St, New Bedford, MA 02744

New Bedford, MA 02744

Investor Analysis

Beds

6

Baths

3

SqFt

3,024

Style

3 Family

Built

1903

Welcome to 56 Independent Street, New Bedford!Welcome home to this well-maintained three-family property offering a fantastic opportunity for both owner-occupants and investors!Each of the three units features:2 bedroomsSpacious eat-in kitchenComfortable and functional living spaceThe property has been well cared for and also features solar panels, adding another great feature to this multi-family home.A must-see property with so much potential! Schedule your showing and come see everything 56 Independent Street has to offer.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$194/sqft
Local Avg (New Bedford)$198/sqft
2% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within New Bedford, MA.

Property Details

Financials

Original Price$587,700
Annual Taxes$5,117

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms18
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationOther
ZoningRC

Property & Lot

Acres0.06
SqFt Lot2,718
Lot FeaturesOther

Geography

Population

12,716

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$59K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

65.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Bristol County

1,041 housing units permitted in the last 12 months (+36% vs the prior 12 months) — 481 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Full New Bedford, MA market report ZIP 02744 market data
Listing Provided By

Listing Agent: Paula Levasseur

Listing Office: Home Bound Realty

MLS® Number: 73570962

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