3 Family - 3 Units Up/Down at 106 Richmond St, New Bedford MA 02740, New Bedford
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$849,000

106 Richmond St, New Bedford MA 02740
New Bedford, MA 02740
Listed by Kade Phillips
Bedrooms
11
Bathrooms
4
Living area
3,390 sqft
Year built
1913

About this home

Welcome to 106 Richmond St, New Bedford, a spacious multi-family property offering strong income potential in one of the South Coast’s active investment markets. This 3-family property features an additional finished bonus unit in the basement, recently completed with new finishes throughout. Units 1, 2, and 3 each offer generous 3-bedroom layouts, while the finished basement bonus unit features 2 bedrooms, providing added versatility and space. All units are currently occupied and are well maintained, making this an attractive opportunity for an investor looking to add a high-producing property to their portfolio. Situated on a corner lot with the added convenience of a driveway for off-street parking, this property checks several key boxes for multi-family ownership. Spacious units, strong occupancy, additional finished space, and a desirable New Bedford location combine to create a compelling investment opportunity. Bring your portfolio to the next level with 106 Richmond St!

Property details

MLS #
73583082
Property type
3 Family - 3 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
1
On market date
September 27, 2026
Stories
4
Total bathrooms
4
Garage spaces
N/A
Parking spaces
4
Lot size
0.06 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
John Avery Parker
0.38 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
226
Student:teacher ratio
11.3:1
District
New Bedford
Middle
Keith Middle School
0.59 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
938
Student:teacher ratio
10.8:1
District
New Bedford
High
New Bedford High
0.44 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,890
Student:teacher ratio
15.1:1
District
New Bedford

Walkability

Blended score for New Bedford's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

86
Highly walkable
out of 100
EPA National Walkability Index
15.2 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores13
Parks10
Schools18
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in New Bedford, from live MLS data.

On the market 1 days -- 124 fewer days than New Bedford's current average of 125 days.
For reference, the median list price across 522 active listings in New Bedford right now is $430,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,263/mo
$169,800 down
$679,200 loan
Principal & interest$4,405
Property tax (est.)$708
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 8 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.