CCertihomes
26 Stephen Street, New Bedford, MA 02740

$589,000

7 beds 3 baths 2,161 sqft Built 19214 days on marketActive

About this home

This 3-family property presents a fantastic opportunity for either owner occupancy or investment purposes. The vacant first floor offers flexibility for the owner to move in or rent out for additional income. With 3 bedrooms on the first floor and 2 bedrooms each on the second and third floors, there's a variety of living arrangements to accommodate different tenants or family sizes. The property's standout features include its sizable, fenced yard, perfect for outdoor activities or gardening, and the convenience of a two-car garage with extra parking space outside. Recent updates include new roof in 2018, 2nd floor heating system in 2020, vinyl siding and a large shed. The 1st floor of this property offers a spacious layout and 3 bedrooms, it could benefit from some cosmetic updating to enhance its appeal. With a little TLC, this space has the potential to attract tenants or serve as a comfortable owner-occupied residence. Next showings deferred to Open house Saturday, May 18th

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$5,308/mo

Real estate (PITI + HOA + PMI)
$5,028
Principal + interest$3,798
Property tax + insurance$1,009
PMI / 2nd mortgage$221
Utilities
$531
Heating + cooling$104
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$132
Car insurance + maintenance$132
Other (entertainment)
$157
$5,308/mo TLC
Budget$5,808/mo
Remaining after TLC$500/mo
Purchase price
$589,000
Down payment
$29,450 (5%)
Loan amount
$559,550
APR
7.2%

Quick facts

Type
3 Family
Style
Year built
1921
Lot size
0.21 ac
Stories
6
Heating
Cooling
Water
Public
HOA
Annual tax
$4,733
MLS #
73233587
County
Bristol

At a glance

Basement
Garage (2)

Home features

Interior
Laundry Room
Community
Public TransportationShoppingTennis Court(s)ParkWalk/Jog TrailsGolfMedical FacilityLaundromatHighway AccessHouse of WorshipPrivate SchoolPublic SchoolUniversity
Parking
Paved DriveOff StreetPaved
Flooring
Tile, Carpet, Laminate, Hardwood
Sewer
Public Sewer

Neighborhood — 02740

MetricThis ZIPCountyUSA
Population47,3786,444,931299,088,112
Population Change Since1990-7.00%7.00%20.00%
Population Density9,026786
Male22,3033,127,134147,432,321
Female25,0293,317,797151,655,844
Never Married12,1771,612,88563,775,926
Married15,8882,586,314123,120,365
Separated2,572247,85712,639,686
Widowed3,607363,59415,467,586
Divorced4,382436,88823,075,029
Number Of House Hold19,3132,431,591111,826,380
Average House Hold Size2.382.562.60
Medial Age37.3237.2535.46
Median House Hold Income$31,701$57,698$48,276
Average House Hold Income$41,189$75,023$63,629
P C I$17,613$29,196$24,529
M D I$28,302$48,105$41,133
A T H E$38,489$57,083$50,898
S T R5.00%5.00%
W C J82.65%81.38%77.74%
(Zip) Code
2740

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 5/6/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.