**ATTENTION INVESTORS** Come check out this incredible 8 Unit CASH COW investment opportunity in the South End of New Bedford! At full occupancy, this building will bring in approximately $84,000 a year! It consists of 2 storefronts and 6-2 bedroom apartments, all in great shape. Property is on a corner lot and has fenced in off street parking behind the building. Exterior siding and roof in good shape. Tenants all pay separate utilities. Each apartment has its own breaker panel in the unit. For heating systems, building has 8 hot water boilers in the basement. This would be a turn key operation for any investor. First showings will begin on Saturday, August 29 at 11am. We will be doing group tours. Call, text, or email list agent if you would like to attend and we will put you on the list.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
—
Year built
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Style
Multi-Family (5+ Unit)
County
Bristol County
APN
M:0030 L:0285,2887320
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 25, 2025.
FHOD
Flood Hazard Overlay District
Ensure public safety through reducing the threats to life and personal injury; Eliminate new hazards to emergency response officials; Prevent the occurrence of public emergencies resulting from water quality, contamination, and pollution due to flooding; Avoid the loss of utility services which if damaged by flooding would disrupt or shut down the utility network and impact regions of the community beyond the site of flooding; Eliminate costs associated with the response and cleanup of flooding conditions; Reduce damage to public and private property resulting from flooding waters.
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Recreation
Property details
Parking
Parking Information
Parking Spaces: 6
Interior
Bathroom Information
# of Bathrooms (Full): 6
# of Bathrooms (Half): 2
Interior Features
# of Rooms (Total): 34
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 2
Unit #4 Information
# of Levels: 1
# of Floors: 2
Exterior
Building Information
Building Area (Total): 7,379
Foundation Details: Granite
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Approximate
Exterior Features
Roof: Shingle
Property Information
PropertySubType: 5-9 Family
Lot Information
Lot Size (Acres): 0.08
Lot Features: Corner Lot
Financial
Tax Information
Tax Annual Amount: $5,387.74
Tax Year: 2020
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: 220 Volts, Circuit Breakers
Heating & Cooling
Has Heating
Heating: Baseboard, Natural Gas
Location
Location Information
Directions: Use GPS
UnparsedAddress: 259-265 Rivet St, New Bedford MA 02744
Community Information
Senior CommunityYN: No
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Bristol County
APN: M:0030 L:0285,2887320
Home facts updated by county records on Jul 25, 2025
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
John B DeValles Elementary School
Public K-5 • Assigned • 0.2mi
3/10
Roosevelt Middle School
Public 6-8 • Assigned • 1.0mi
3/10
New Bedford High School
Public 9-12 • Assigned • 2.0mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 19-29% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 hot days expected this year, 16 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
New Bedford, MA • 02744
Average low and high temperatures (°F)
36
24
37
24
47
34
55
42
64
52
75
61
79
67
75
61
72
58
63
49
53
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.5 hours in December, placing it below the
U.S. average for solar exposure.