Introducing 58 Myrtle Street, New Bedford, MA – An Oversized Three-Family Investment Opportunity! This expansive three-family property offers 3,336 square feet of living space, with each unit featuring three beds & hardwood flooring throughout. Property features maintenance-free exterior & newer windows. * The property is currently occupied, with rents below market value for three-bedroom units. Heating consists of a central heating unit servicing the first floor, while the second & third floors are equipped with space heaters. While updates are needed, the property's solid structure & spacious layout provide a strong investment opportunity. ** Conveniently located near local amenities, public transportation, and major routes, 58 Myrtle Street is well-positioned for long-term value appreciation. Property is being sold as-is.
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Last Updated: January 30th, 2025 at 7:33am
Highway Access
Shopping
Public Transportation
General Information for 58 Myrtle St, New Bedford, Massachusetts 02740
Property TypeResidential Income
Property Sub TypeMulti Family
Price$389,000
Price per sqft$116.61
MLS #73328539
Handicap Access / FeaturesNo
List Date2025-01-22
Special Listing Conditions
StateMassachusetts
Street NameMyrtle St
CityNew Bedford
Zip Code02740
CountyBristol
MLS Status
Covered Parking Spaces0
Heating Y/NNo
Heating System
Heat Zones
Sold Date03/03/2025
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total3336
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress58 Myrtle St, New Bedford MA 02740
Zoning
Interior Features for 58 Myrtle St, New Bedford, Massachusetts 02740
* Approx. Living Area Total3,336 sq ft
Living Area Includes BasementNo
Bedrooms9
* # Fireplaces0
Bathrooms (Total)3
Full Baths3
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door Features
ElectricNo
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_13
MLSPIN_BEDRMS_23
MLSPIN_BEDRMS_33
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_31
MLSPIN_F_BTHS_4
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 0
MLSPIN_H_BTHS_4
OffMarketDate
Exterior Features for 58 Myrtle St, New Bedford, Massachusetts 02740
* Approximate Lot Size0.1 acres
Covered Parking Spaces0
Lot Features
* Parking Spaces0
* Sewer Utilities
* Water Utilities
* Year Built1915
Year Built Details
Year Built SourcePublic Records
Construction Materials
Exterior Features
Foundation Area
Foundation MaterialsConcrete Perimeter
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)4,199 Sqft
Disclosures for 58 Myrtle St, New Bedford, Massachusetts 02740
Buyer Agent Compensation
ContingencyPending P&S
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 58 Myrtle St, New Bedford, Massachusetts 02740
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$17,400
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_4
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT10
MLSPIN_RENT2800
MLSPIN_RENT3650
MLSPIN_RENT4
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$17,400
OperatingExpense$0
OriginalListPrice$389,000
RENT_FEE_INCLUDES
TOTAL_RENT1450
WaterSewerExpense$0
Lifestyle Information for 58 Myrtle St, New Bedford, Massachusetts 02740
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 58 Myrtle St, New Bedford, Massachusetts 02740
Elementary School
Middle School
High School
NumberOfUnitsTotal3
Marketing History for 58 Myrtle St, New Bedford, Massachusetts 02740
MLSPIN_MARKET_TIME_BROKER7
MLSPIN_MARKET_TIME_PROPERTY7
PurchaseContractDate2025-01-28
Agent Information for 58 Myrtle St, New Bedford, Massachusetts 02740