Active
17 Days on market
563 Union St New Bedford — Photo 1 of 22

563 Union St New Bedford — Photo 1 of 22

$480,000

Investment Analysis — 563 Union St

New Bedford, MA 02740

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 4-bedroom in 02740 carries an estimated $2,200/mo in gross rent — about a 3.31% cap rate and $15,869/yr in estimated NOI at the $480,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

1.5

SqFt

1,510

Style

Single Family

Built

1910

Pictures don't do this view justice—you have to step out onto the deck to appreciate it. Experience the elevated park views and light-filled rooms in person this week. Private tours available daily by appointment This 4 Bedroom Home with off street parking where classic charm meets modern convenience. Spacious living areas filled with natural light, perfect for cozy evenings & entertaining. The entrance brings you to an open foyer that leads to generous living areas that you can entertain guests in the living room, formal dining room, which exudes warmth and character and then a well-appointed kitchen which boasts modern appliances and ample storage with a walk in pantry, making it a chef’s dream and the heart of your home. With a floor plan design that you are looking for brings you upstairs to a 2nd level with 3/4 bedrooms & full bath all with Hardwood floors! For those who work from home you will get the added bonus room that may not reflect the square footage.Love the location, but worried about current interest rates? Ask us how the seller's rate incentive can lower your monthly payment below typical market rates for this neighborhood. and explore payment 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: 755 sq ft (the lesser of 900 sq ft or half the 1,510 sq ft principal dwelling). Lot size: 3,820 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.

Immersive Experience

Property Details

Financials

Original Price$480,000
Annual Taxes$4,195

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood
BasementFull

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres0.09
SqFt Lot3,820
Lot Features--

Amenities & Appliances

Gas Water Heater • Range

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 4
Second
OfficeMaster BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

Flooring - Wood

Dining Room
Lvl First

Flooring - Wood

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Remodeled, Storage, Decorative Molding

Office
Lvl Second
Master Bedroom
Lvl Second

Flooring - Wood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Wood

Bedroom 4
Lvl Third

Flooring - Vinyl

Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full

Property History

Listed
$480,000

Aug 26, 2026

MLS® 73568516

Sold
$1,425

Apr 1, 2007

MLS® 70490812

Listed
$1,425

Nov 16, 2006

MLS® 70490812

Listing Provided By

Listing Agent: Peter Costa

Listing Office: Spencer Home Realty

MLS® Number: 73568516