371 Reed St, New Bedford MA 02740

New Bedford, MA 02740
$639,999
Est. $3,906/month
7
Beds
3
Baths
2,988
Sq Ft
$214
Price/Sq Ft
0.11
Acres
1907
Year Built
4 hours 10 minutes
Time on Market
Active Open House Listed Jan 14, 2026 • MLS# 73468155 Copied!

About this home

Welcome to this exceptional 3-family property located in the heart of New Bedford! Featuring 3 inviting units with a total of 8 potential bedrooms, this residence is perfect for savvy investors or owner-occupants seeking a comfortable home. Each unit includes spacious eat-in kitchens, ideal for meals & gatherings. The property boasts numerous upgrades, including modern siding, replacement windows, & energy-efficient mini-split systems for year-round comfort. Enjoy the convenience of being near Buttonwood Park, downtown NB, & the train station, with easy access to local amenities & public transportation! Having been cherished by the same family for over 20 years, this property reflects strong community ties & care. The large garage can be converted back to a 3/4 stall garage, providing ample space for vehicles or hobbies within a fenced yard. With tremendous potential for investment or personal living, this property is a must-see! First showings at Open House Sat. Jan.17th. 11:30-1PM!

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1907
Bedrooms
7
Full Bathrooms
3
Living Area
2,988 sq ft
Total Rooms
18
Stories
3
Levels
3

Open House Schedule

17
Jan
Saturday, January 17
11:30 AM - 1:00 PM EST

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 3 Family
Year Built 1907
Living Area 2,988 sq ft
Lot Size 0.11 acres
Bedrooms 7
Full Baths 3
Total Rooms 18

Interior

Heating None
Cooling None
Flooring Tile, Hardwood
Appliances None
Fireplace None
Basement Full, Interior Entry
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Paved Drive
Total Spaces 6

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,634
Assessed Value $498,100

Interior Features

Flooring: Tile, Hardwood
Appliances:
Interior Features:
Windows:
Basement: Full, Interior Entry
Laundry:
Security:

Construction & Materials

Year Built: 1907
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 6
Parking Features: Paved Drive

Location

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Neighborhood

371 Reed St, New Bedford MA 02740

New Bedford, MA 02740

Walkability

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Nearby Schools

School District
New Bedford School District local
🎓 Where Graduates Go Class of 2021
31% attend college
13% 4-Year 18% 2-Year 4% Out of State 9% Working
School Safety 2024-25
6.0% Above Average
4.2% Suspensions 1.0% In-School 1.8% Emergency
0.5% above state avg
E

Elementary Schools

10 schools
B+
Trinity Day Academy
0.6 mi | #149 of 346 | Score: 72.4
Same rank as last year
93 students Diverse
College Ready Curriculum Diverse Student Body
Grades 04-12
Holy Family-Holy Name School
0.8 mi
Grades PK-08
St. James-St. John School
1.0 mi
Grades PK-08
Child and Family Services
1.1 mi
Grades K-12
Nazarene Christian Academy
1.4 mi
Grades PK-12
C
Global Learning Charter Public School
2.0 mi | #263 of 346 | Score: 45.1
Improved 7 spots from last year
-13.1 below state avg
508 students Diverse
High Graduation Rate College Ready Curriculum Diverse Student Body
Grades 05-12
C+
Alma del Mar Charter School
2.5 mi | #234 of 352 | Score: 37.7
Improved 34 spots from last year
-20.5 below state avg
1,042 students Diverse
Grades K-08
All Saints Catholic School
3.5 mi
Grades PK-08
F
Thomas R Rodman School
0.1 mi | #796 of 824 | Score: 29.1
Dropped 35 spots from last year
-29.1 below state avg
200 students Diverse
Diverse Student Body
Grades K-05
D
Ellen R Hathaway School
0.4 mi | #749 of 824 | Score: 32.5
Dropped 81 spots from last year
-25.7 below state avg
201 students Diverse
Diverse Student Body
Grades K-05
M

Middle Schools

5 schools
Our Sisters' School
0.6 mi
Grades 05-06
Nativity Prep School
1.1 mi
Grades 05-08
C-
Keith Middle School
0.8 mi | #306 of 352 | Score: 30.8
Dropped 17 spots from last year
-27.4 below state avg
949 students Diverse
Diverse Student Body
Grades 06-08
C-
Roosevelt Middle School
2.5 mi | #307 of 352 | Score: 30.8
Improved 41 spots from last year
-27.4 below state avg
759 students Diverse
Diverse Student Body
Grades 06-08
C-
Normandin Middle School
3.4 mi | #291 of 352 | Score: 32.1
Improved 13 spots from last year
-26.1 below state avg
990 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
F
Whaling City Junior/Senior High School
0.8 mi | #337 of 346 | Score: 21.7
Improved 17 spots from last year
-36.5 below state avg
200 students Diverse
College Ready Curriculum Diverse Student Body
Grades 06-12
C
New Bedford High School
0.6 mi | #261 of 346 | Score: 45.3
Improved 40 spots from last year
-12.9 below state avg
2,878 students Diverse
19 sports • 1,326 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
C+
Greater New Bedford Vocational Technical High School
3.9 mi | #230 of 346 | Score: 48.4
Dropped 41 spots from last year
-9.8 below state avg
2,151 students Diverse
19 sports • 1,754 athletes
High Graduation Rate Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $470
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jan 14, 2026
$639,999
Original listing
Office: RE/MAX Vantage

Price & Status History

Date Event Price Change
Jan 14, 2026 New Listing Added $639,999

Market Statistics

Time on Market
4 hours 10 minutes
Price per Sq Ft
$214

Tax History

Year Taxes Assessment
2025 $5,634 $498,100

Financial Details

Annual Property Tax
$5,634
Tax Year 2025
Assessed Value
$498,100

Listing Information

Listing Agent Mirelia Furtado
Listing Office RE/MAX Vantage
Agent MLS ID CN245686
Office MLS ID AN3217
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak

Steven Novak

BMN Boston Real Estate

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