56 Independent St, New Bedford MA 02744

New Bedford, MA 02744
$587,700
$559,000
Est. $3,453/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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6
Beds
3
Baths
3,024
Sq Ft
$185
Price/Sq Ft
0.06
Acres
1903
Year Built
21
Days on Market
For Sale Price Drop -$28,700 Listed Sep 2, 2026 • MLS# 73570962 Copied! • Updated Sep 19, 2026

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About this home

Welcome to 56 Independent Street, New Bedford!Welcome home to this well-maintained three-family property offering a fantastic opportunity for both owner-occupants and investors!Each of the three units features:2 bedroomsSpacious eat-in kitchenComfortable and functional living spaceThe property has been well cared for and also features solar panels, adding another great feature to this multi-family home.A must-see property with so much potential! Schedule your showing and come see everything 56 Independent Street has to offer.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
4.9%
Price Range

Property Timeline

Price Reduced
Sep 15, 2026
$559,000 $28,700 (-4.88%)
From $587,700 to $559,000 (-4.9%)
🏠
Listed for Sale
Sep 2, 2026
$587,700
Original listing
Agent: Paula Levasseur Office: Home Bound Realty

Tax History

Year Taxes Assessment
2025 $5,117 $452,400

Financial Details

Annual Property Tax
$5,117
Tax Year 2025
Assessed Value
$452,400

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1903
Living Area 3,024 sq ft
Lot Size 0.06 acres
Stories 3
Bedrooms 6
Full Baths 3
Total Rooms 18

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent — · N
Unit 3 Rent $1,300/mo · N
Total Monthly Rent $1,300/mo
Gross Income $15,600
Net Operating Income $15,600
Cap Rate 2.79%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,117
Assessed Value $452,400
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures Seller Is A Licensed Real Estate Agent Please See Disclosures Attached In Mlspin
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Bristol
Total market time (incl. prior listings) 17 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1903
Bedrooms
6
Full Bathrooms
3
Living Area
3,024 sq ft
Total Rooms
18
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1903
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Other
Stories: 3

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $426
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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.

Location

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Neighborhood

56 Independent St, New Bedford MA 02744

New Bedford, MA 02744

Listing Information

Listing Agent Paula Levasseur
Listing Office Home Bound Realty
Office Phone 508-998-4949
Agent MLS ID CT003995
Office MLS ID AN7634
Listing Data Updated Sep 19, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
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