HomeNew Bedford5+ Family - Rooming House192 Walnut St, New Bedford MA 02740
192 Walnut St, New Bedford MA 02740 — photo 1 of 91 / 9
$574,000
192 Walnut St, New Bedford MA 02740
10 units · 10 bd · 3 ba · 2,443 sqft · $57,400/unit
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INVESTMENT SNAPSHOT

Signal Score99 / 100
Est. Cap Rate20.4%
GRM3.2
Gross Scheduled Income$179,937/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Exceptional investment opportunity! This spacious 10-room, 3 bathroom rooming house spanning 3 levels. Seven of the rooms feature individual ovens and all rooms are equipped with private sinks and cabinetry enhancing tenant convenience. This property has been fully insulated for energy efficiency and year round comfort. Each room is outfitted with its own minisplit..

Property details

Units10
Living area2,443 sqft
Lot size2,243 sqft
Year built1879
Price / sqft$235
CountyBristol
MLS #73329052

Listing status

Days on market393 days
Listed onJanuary 24, 2025

Taxes & financials

Annual property tax$3,822
Tax year2024
Assessed value$318,500
ZoningRC
Total actual rent$0/mo

Building & lot

Stories5
Total rooms10
Lot size0.05 acres
Garage spaces0
Parking spaces0
BasementFull, Interior Entry, Concrete
FoundationGranite
RoofShingle
ConstructionFrame
FlooringWood

Utilities & systems

SewerPublic Sewer
WaterPublic
Utilitiesfor Gas Range, for Gas Dryer, Washer Hookup

Location

More about investing in New Bedford

Listing courtesy of RE/MAX Vantage — Team ROSO. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 192 Walnut St, New Bedford MA 02740 have?

It is a 10-unit multi-family property with 2,443 sqft of living area, built in 1879.

How long has 192 Walnut St, New Bedford MA 02740 been on the market?

192 Walnut St, New Bedford MA 02740 has been listed for 393 days (since January 24, 2025).

What is the estimated cap rate on this 10-family in New Bedford?

Based on area median rents, the estimated cap rate is about 20.4%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $574,000 across 10 units, that works out to roughly $57,400 per unit.

What are the property taxes on 192 Walnut St, New Bedford MA 02740?

Annual property taxes are $3,822 (2024), on an assessed value of $318,500.

What is the price per square foot?

At $574,000 for 2,443 sqft, that's about $235 per square foot.

Where is this property located?

192 Walnut St, New Bedford MA 02740 is in New Bedford, Bristol County, MA 02740.

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