$700,000
$150K PRICE DROP

224-232 Caroline St New Bedford, MA 02740

Westview Park Neighborhood

Estimated payment $4,515/month

Total Views 11,823
8 Beds
6 Baths
5,638 Sq Ft
$124 Price per Sq Ft

Highlights

  • Property is near public transit
  • Shops
  • Heating System Uses Natural Gas
  • Tandem Parking
  • Level Lot

About This Home

Motivated Seller!! Don’t miss this rare opportunity to own a high-performing 6-family property, consisting of a 4-family and 2-family on the same lot located in a quiet residential neighborhood on the West End of New Bedford. This well-maintained investment features a total of 8 bedrooms and 6 bathrooms with many updates done to each unit. Five of the six units are currently occupied, some with long term tenants providing immediate cash flow. One unit is vacant and ready to be finished for additional leasing. Positioned near the brand-new South Coast Rail Station, New Bedford High School, and major highways, this property offers unbeatable access for commuters and residents alike. This is your rare chance to own a stabilized multi-family asset with room to grow in one of New Bedford’s most established and appreciating areas. A standout addition to any portfolio

Listing Agent

Roosevelt Shider

Here Realty LLC Listed on: 05/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,788

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • 5,638 Sq Ft Home
  • Manufactured Home on a slab
  • Block Foundation
  • Shingle Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Tandem Parking
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number 2896805

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Electric Expense $480
  • Water Sewer Expense $180
  • Operating Expense $480
  • Net Operating Income $65,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,788

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1910
  • Levels: 5
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Above Grade Finished Sq Ft: 5638
  • Living Area: 5638
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN5351
  • LIST PRICE PER Sq Ft: 124.16
  • PRICE PER Sq Ft: 124.16

Exterior Features

  • Foundation Details: Concrete Perimeter, Block, Slab
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Tandem, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: City
  • Hot Water: Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 180

Lot Info

  • Parcel Number: 2896805
  • Zoning: MUB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534
  • Lot Size Units: Acres
  • PAGE: 116

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7788
  • Tax Book Number: 14118

Multi Family

  • Electric Expense: 480
  • Gross Income: 66000
  • Net Operating Income: 65340
  • Number Of Units Total: 6
  • Operating Expense: 480
  • Total Actual Rent: 5635
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Price Changed $700,000 -9.7% $124 / Sq Ft
06/09/2025 06/09/25 Price Changed $774,900 -8.8% $137 / Sq Ft
05/31/2025 05/31/25 For Sale $850,000 -- $151 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73383213

MLS Property Information Network (MLS PIN)

Massachusetts Bristol County New Bedford 02740 Westview Park

224-232 Caroline St, New Bedford, MA

This home is located at 224-232 Caroline St, New Bedford, MA 02740 and is currently priced at $700,000, approximately $124 per square foot. This property was built in 1910. 224-232 Caroline St is a home located in Bristol County with nearby schools including Keith Middle School, New Bedford High School, and Holy Family Holy Name School.

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Nearby Homes
Listing Agent
Roosevelt Shider
Section Image
Here Realty LLC
(508) 715-6703