259 Weld Street

New Bedford, MA 02740

$312,000
Price
9
Beds
3
Baths
4,140 Sq. Ft.
$75 / Sq. Ft.
4,140
Sq. Ft.
$75
per Sq. Ft.

Description

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...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.
  1. Listed by Joy Riley • Brokerage DRE #REB.0012495 • Westcott Properties

Amenities

  • Baseboard Heating
  • Hot Water Heating
  • Detached Parking
  • Garage
  • Hardwood Floors
  • Basement
  • Full Basement
  • Gas Heat
LISTING UPDATED: 11/22/2024 09:45 AM

Property Details for 259 Weld Street

StatusActive
MLS #1372188
Days on Market22
Taxes$5,720 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 3 Family
Year Built1906
Lot Size0.11 AC / 4,848 SF
CountyBristol County

Building Information for 259 Weld Street

Stories-Residences3Year Built1906Building Size-Lot Size0.11 AC / 4,848 SF

Property Information for 259 Weld Street

Summary
Location and General Information
  • City: New Bedford
  • Country: US
  • Directions: MAPQUEST
  • Postal City: New Bedford
  • Postal Code: 02740
  • Postal Code Plus4: 7036
  • State Or Province: MA
  • Zoning: RC
  • Human Modified Y N: Yes
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage Y N: Yes
  • Open Parking Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 5
Taxes and HOA Information
  • Tax Annual Amount: $5,720.00
  • Tax Assessed Value: 399400
  • Tax Book Number: 14810
  • Tax Lot: 295
  • Tax Map Number: 0084
  • Tax Year: 2024
Property
Lot Information
  • Above Grade Fin SQFT: 4140.0
  • Building Area Total: 4140.0
  • Building Area Units: Square Feet
  • Farm Land Area Units: Square Feet
  • Living Area Source: Public Records
  • Lot Size Acres: 0.1113
  • Lot Size Area: 4848.0
  • Lot Size Square Feet: 4848.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 259WELDSTNBED
  • Stories Total: 0
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1906
  • Year Built Details: Actual
  • Year Built Source: Public Records
  • C L I P: 2,727,306,643
Utilities
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 9
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Heating: Baseboard, Gas
  • Heating Y N: Yes
  • Rooms Total: 18
  • Spa Y N: No
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $.00
  • Occupant Type: Vacant
  • Unit Type Area: 1380.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $.00
  • Occupant Type: Vacant
  • Unit Type Area: 1380.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $.00
  • Occupant Type: Vacant
  • Unit Type Area: 1380.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No
  • Total Actual Rent: $.00

Property History for 259 Weld Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 259 Weld Street

Taxable ValueLand$77,300Additions$399,400Total$476,700
Tax Record2024$5,720 ($477 / month)
Home Facts
Baths3Total Finished SqFt4,140 SqFtAbove Grade Finished SqFt4,140 SqFtUnfinished Basement SqFt1,380 SqFtStories3Lot Size4,848 SqFtStyleTriplexYear Built1906ZoningRCCountyBRISTOLAPNNEWB M:0084 L:0295

Schools near 259 Weld Street

This home is within New Bedford School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 5 to 12
Rating
School
Distance
Hayden/Mcfadden
PublicPK to 5

Keith Middle School
Public6 to 8

New Bedford High School
Public9 to 12

Trinity Day Academy
Public5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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259 Weld Street is a multi-family home for sale in New Bedford, MA 02740. This property was listed for sale on November 1, 2024 by Westcott Properties, it's currently listed at $312,000. It has been on the market for a total of 22 days and was last sold on February 12, 2001. This listing's school district is New Bedford School District. Nearby schools include Hayden/Mcfadden, Keith Middle School and New Bedford High School. 259 Weld Street is a 9-bed, 3-bath, 4,140 sqft multi-family home built in 1906.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Westcott Properties, Joy Riley

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.