173 Central Ave New Bedford — Photo 1 of 16
$419,000
Investment Analysis — 173 Central Ave
New Bedford, MA 02745
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 3-bedroom in 02745 carries an estimated $1,790/mo in gross rent — about a 2.93% cap rate and $12,268/yr in estimated NOI at the $419,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,100
Style
Single Family
Built
1913
Presenting 173 Central Ave, New Bedford, MA – a meticulously remodeled single-family residence originally constructed in 1913, offering 1100 sq ft of living space. This property has been revitalized, showcasing a harmonious blend of classic architectural charm and contemporary comforts. The recently updated kitchen stands as a testament to modern design and functionality, featuring sleek stainless-steel appliances and a central island. The residence encompasses three (3) bedrooms and one(1) full bathroom, complemented by an additional half (1/2) bathroom, providing practical convenience. Beyond the interior, the property's exterior, characterized by its distinctive Dutch Colonial architectural style and gambrel roof, extends to a private yard. This outdoor space includes a welcoming patio, offering an ideal setting for relaxation and entertainment. A full basement provides additional utility and storage options.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 550 sq ft (the lesser of 900 sq ft or half the 1,100 sq ft principal dwelling). Lot size: 5,131 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Golf • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wood
Dining Room
Lvl FirstFlooring - Wood
Kitchen
Lvl FirstFlooring - Laminate
Master Bedroom
Lvl SecondFlooring - Wood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Wood
Bathroom 1
Lvl SecondBathroom - Full, Flooring - Laminate
Bathroom 2
Lvl FirstBathroom - Half, Flooring - Laminate
Listing Agent: Joseph E. Carvalho
Listing Office: VICTORIA Realty
MLS® Number: 73571435
