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Lot 204 Kingston St New Bedford — Photo 1 of 4

Lot 204 Kingston St New Bedford — Photo 1 of 4

$140,000

Investment Analysis — Lot 204 Kingston St

New Bedford, MA 02745

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a home in 02745 carries an estimated $1,170/mo in gross rent — about a 6.54% cap rate and $9,157/yr in estimated NOI at the $140,000 list price. Adjust every assumption in the calculator below.

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Residential

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Build your next investment or new construction project in New Bedford. This 0.175-acre vacant lot located just above 12 Kingston Street offers a great opportunity to build in an established residential neighborhood.Situated on a cleared parcel with approximately 7,613 square feet, the property is zoned RB and is buildable for up to 6 units, with a 1–3 family home likely being the best use. Public water, sewer, gas, and electric are available, providing convenient access to the necessary utilities.The property is located just minutes from downtown New Bedford, Route 18, I-195, and the waterfront, with convenient access to shopping, restaurants, schools, and other area amenities. No HOA. Parcel ID: 119-0204 - Approx. 7,613 SF - 0.175 Acres - Zoned RB - $140,000Survey included in listing photos.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$140,000
Annual Taxes$1,513

Parking

Garage0
Off-Street0

Interior Specifications

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FireplacesNone
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BasementNone

Climate & Utilities

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WaterPublic
SewerPublic Sewer

Building & Exterior

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ZoningRB

Property & Lot

Acres0.17
SqFt Lot7,613
Lot FeaturesLevel, Cleared

Geography

Listing Provided By

Listing Agent: Derek Greene

Listing Office: The Greene Realty Group

MLS® Number: 73571336