42 Division St, New Bedford, MA 02744
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$499,900
3 Unit
5 Beds
3 Baths
1817 SQFT
0.12 Acre

Property Description

This three-family home is a fantastic opportunity for investment, featuring 2 bedrooms and 1 bath in each unit. The property is fully occupied with tenants at will, providing immediate rental income and flexibility for future plans. Amenities include natural gas heat, a back porch, off-street parking for three cars, and a massive backyard—a rare find for multi-family properties. Located just minutes from Route 18, enjoy quick highway access, proximity to downtown New Bedford, and the beach just a short drive away. With strong rental demand in the area and the advantage of all TAW agreements, this property is a smart addition to any portfolio.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Appliances: Range, Refrigerator
  • Common Heating: Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 38400
  • Net Operating Income: 38400

Utilities

  • Electric Info: 100 Amps, Other (See Remarks)
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1884
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73416290
  • Last Updated: 08/20/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/16/2025Price Change$499,900$275MLSPIN
08/15/2025Active$524,900$289MLSPIN
08/11/2025New$524,900$289MLSPIN

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Seller's Representative: Brandan Burke, Amaral & Associates RE
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-08-20 03:05:00

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