15 days on rocket

259 Weld St, New Bedford, MA, 02740

$312,000

Home List Price

$3,705*

Closing Credit

9 Bedrooms
3 Full Baths
4,140 SqFt
$75/SqFt
Multi

Location

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259 Weld St, New Bedford$312,000

Buyer Closing Credits

$3,705*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingPaved Drive
Garage1 space
Year Built1906
BasementYes
MLS #73308879
Lot Size0.11 Acres
StatusActive

About 259 Weld St

259 Weld Street presents a strong investment opportunity in New Bedford - a large three-family property with spacious three-bedroom units and a detached garage. With ample parking and generous unit layouts, this property has excellent rental potential. While it has experienced water damage and will not qualify for FHA financing, the necessary repairs and updates are well worth the investment for seasoned buyers. This asset offers a prime opportunity to add value and capitalize on demand for multi-family housing in the area.

Property Details

Property Features

Property Information:

  • Year Built: 1906
  • Living Area: 4,140 SqFt

Listing Office:

  • Office Name: Westcott Properties
  • Office Phone: (401) 421-5300
  • Listing Agent: Joy Riley

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Paved Drive

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Other

Directions Information:

  • Directions: MAPQUEST

Price Information

Listing Price Info

Price Summary:

  • List Price: $312,000
  • Price Per SqFt: $75/SqFt

Tax Information:

  • Annual Amount: $4,527
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in New Bedford, MA.

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New Bedford, MA

City

Med. Sold Price

$441K

Med. Price/SqFt

$239

Avg. Days On Market

36

# of Sold Homes

49

259 Weld St vs New Bedford

15 DAYS ON ROCKET

-21 Days

$312,000

-$129K Less

$75/SqFt

-$164 Less

KEY TAKEAWAY

This property is $129K less than the Median Sold Price and $164/SqFt less than other homes in New Bedford, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73308879

Listing Office:

  • Office Name: Westcott Properties
  • Office Phone: (401) 421-5300
  • Listing Agent: Joy Riley

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 12, 2001Home Sold
$122,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,527$290,400
2020$4,497$278,300
2019$3,877$235,400
2018$3,689$221,800
2017$3,406$204,100

History based on county public records data.

Payment Calculator

$1,625

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,002

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-431435
4
/10

  • Hayden McFadden Elementary School

  • 361 Cedar Grove St

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-431436
3
/10

  • John A. Parker Elementary School

  • 705 County St

  • 0.48 miles

  • Public District Grades PK-5

school-card-donut-431437
4
/10

  • Carlos Pacheco Elementary School

  • 261 Mount Pleasant St

  • 0.48 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,978. The most common annual income of people living in New Bedford, MA is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In New Bedford, MA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in New Bedford, MA?

New Bedford's housing market is diverse, offering a mix of architectural styles that reflect its rich history and cultural heritage. The area is known for its charming colonial and Victorian homes, as well as more contemporary designs. A significant portion of the housing stock dates back to the early 20th century, giving the city a historic feel. The market is balanced with a mix of homeownership and rental opportunities, accommodating a variety of preferences and budgets.

Is New Bedford, MA a good place to live?

New Bedford prides itself on its vibrant maritime history and cultural scene. The community's character is deeply intertwined with the fishing industry, and the city is celebrated for its annual Working Waterfront Festival. Residents enjoy a blend of urban amenities and seaside charm, with the presence of art galleries, museums, and the New Bedford Whaling National Historical Park contributing to the city's unique identity.

Are things conveniently located in New Bedford, MA?

The city of New Bedford provides a range of essential services to its residents. The educational system includes several public schools at the elementary, middle, and high school levels, as well as private educational options. Healthcare is accessible through local clinics and a regional hospital that offers a variety of services. The public library system is robust, supporting lifelong learning and community engagement. Retail and dining establishments reflect the local culture, with an emphasis on seafood and regional cuisine.

What does the transportation in New Bedford, MA look like?

Transportation in New Bedford is facilitated by a network of roads and highways, including Interstate 195, which connects the city to the rest of the state and beyond. Public transit options are available, with bus services providing connectivity within the city and to neighboring areas. The city is moderately walkable, particularly in the downtown area, which is also bike-friendly. Ride-sharing services are present, offering an alternative mode of transportation for residents and visitors.

Rocket Homes›Massachusetts›Bristol County›New Bedford›02740›259 Weld St

This home is located at 259 Weld St in New Bedford, MA and zip code 02740. This 4,140 square foot home, which was built in 1906, sits on a 0.11 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $312,000.

New Bedford, MA housing market in October 2024 saw over 27 listings sold above listed price, more than 4 sold at listed price and over 18 sold below. The inventory of homes for sale in New Bedford, MA between September 2024 and October 2024 increased by 1.9%. The median list price of listings available in October 2024 was $441,040, while the average time on the real estate market was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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