32 Franklin Street, New Bedford MA 02740
New Bedford, MA 02740
$509,000
Est. $3,211/month
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About this home
OPPORTUNITY KNOCKS: HANDYMAN & INVESTORS....PRICED TO SELL QUICKLY! This 3 FAMILY, with 4 floors of living space is located just minutes to the New Bedford-Boston Commuter Train. Featuring a TOTAL of 11 Bedrooms, 4 Full baths, 2900 sq. feet of living space, roof shingles 6 years, vinyl siding 6 years & a fully fenced in back yard. Appliances: stove & refrigerator for all 3 units. All tenants are Tenants At Will with no signed lease. Unit 1: 3 bedrooms, hardwood floors, 1 full bath. Unit 2: 6 bedrooms, 2 full baths. Unit 3 Basement: Finished basement with 2 bedrooms, 1 full bath. Great opportunity to expand your portfolio here!
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 26, 2026
$509,000
Original listing
Agent: Jane Kalife Paul
Office: Conway - Mattapoisett
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/26/2026 | 🏠 Listed for Sale | $509,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $5,249 | $479,300 |
Financial Details
Annual Property Tax
$5,249
Tax Year 2026
Assessed Value
$479,300
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1912
Living Area
2,234 sq ft
Lot Size
0.06 acres
Stories
4
Bedrooms
11
Full Baths
4
Total Rooms
19
Investment Metrics
Units
3
Unit 1 Rent
$1,500/mo · N
Unit 2 Rent
$1,500/mo · N
Unit 3 Rent
$1,500/mo · N
Total Monthly Rent
$4,500/mo
Gross Income
$54,000
Net Operating Income
$54,000
Cap Rate
10.61%
Interior
Heating
None
Cooling
None
Flooring
Carpet, Hardwood
Appliances
None
Fireplace
None
Basement
Full, Finished, Walk-out Access, Interior Entry, Concrete
Laundry
Washer Hookup
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
Fenced/enclosed, Fenced
Patio/Porch
None
Parking
Features
None
Utilities
Electric
60 Amps/less
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Oven, Washer Hookup
Financial
Annual Tax
$5,249
Assessed Value
$479,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
White
Sq Ft Source
Public Record
Sq Ft Disclosures
City states a total of 12 rooms, 6 bedrooms & 3 baths,1947 sq. ft of living area
Documents
None
County
Bristol
Total market time (incl. prior listings)
1 days
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1912
Bedrooms
11
Full Bathrooms
4
Living Area
2,234 sq ft
Total Rooms
19
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,534 sq ft above grade
700 sq ft below grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Carpet, Hardwood
Appliances:
Interior Features:
Windows:
Basement:
Full, Finished, Walk-Out Access, Interior Entry, Concrete
Laundry:
Washer Hookup
Security:
Construction & Materials
Year Built:
1912
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Brick/Mortar
Stories:
4
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
Parking Features:
Nearby Schools
School District
New Bedford School District local
C-
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
Elementary Schools
10 schools
Child and Family Services
0.2 mi
Grades K-12
Holy Family-Holy Name School
0.5 mi
Grades PK-08
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
C
Global Learning Charter Public School
1.0 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
St. James-St. John School
1.2 mi
Grades PK-08
C+
Alma del Mar Charter School
1.4 mi
|
#234 of 352
|
Score: 37.7
Improved 34 spots from last year
-20.5 below state avg
1,042 students
Diverse
Rising School
Grades K-08
Nazarene Christian Academy
1.8 mi
Grades PK-12
All Saints Catholic School
2.6 mi
Grades PK-08
F
John Avery Parker School
0.1 mi
|
#793 of 824
|
Score: 29.2
Improved 34 spots from last year
-29 below state avg
289 students
Diverse
Rising School
Diverse Student Body
Grades PK
West End Day Nursery School
0.5 mi
Grades PK
Middle Schools
5 schools
Nativity Prep School
0.9 mi
Grades 05-08
Our Sisters' School
1.7 mi
Grades 05-06
C-
Keith Middle School
1.0 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-
Normandin Middle School
2.5 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
C-
Roosevelt Middle School
2.6 mi
|
#307 of 352
|
Score: 30.8
Improved 41 spots from last year
-27.4 below state avg
759 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
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
0.8 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
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
C+
Greater New Bedford Vocational Technical High School
3.1 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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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$437
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
32 Franklin Street, New Bedford MA 02740
New Bedford, MA 02740
Listing Information
Listing Agent
Jane Kalife Paul
Listing Office
Conway - Mattapoisett
Office Phone
508-758-4944
Agent MLS ID
FR800582
Office MLS ID
FR0151
Listing Data Updated
Aug 26, 2026 3:30 AM EDT
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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