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INVESTMENT SNAPSHOT
About this property
Step into a piece of New Bedford history with the William Piper House. This well-maintained 2-family multi-unit property features two spacious 4-bedroom units, each offering large eat-in kitchens and plenty of living space. Lovingly cared for over the years, the home has long-standing tenants, making it a great opportunity for investors or owner-occupants alike. Conveniently located just minutes from downtown New Bedford’s shops, restaurants, parks, and local amenities, and approximately one mile from the commuter rail for easy commuting access. A rare opportunity to own a historic multi-family property with strong potential and timeless character.
Property details
| Units | 2 |
| Living area | 3,058 sqft |
| Lot size | 5,306 sqft |
| Year built | 1870 |
| Price / sqft | $188 |
| County | Bristol |
| MLS # | 73520581 |
Listing status
| Days on market | 4 days |
| Listed on | May 18, 2026 |
Taxes & financials
| Annual property tax | $5,554 |
| Tax year | 2025 |
| Assessed value | $491,100 |
| Zoning | RB |
| Total actual rent | $0/mo |
Building & lot
| Stories | 2 |
| Total rooms | 16 |
| Lot size | 0.12 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of Pelletier Realty, Inc. — Vera Ferreira. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 58 Bedford St, New Bedford MA 02740 have?
It is a 2-unit multi-family property with 3,058 sqft of living area, built in 1870.
How long has 58 Bedford St, New Bedford MA 02740 been on the market?
58 Bedford St, New Bedford MA 02740 has been listed for 4 days (since May 18, 2026).
What is the estimated cap rate on this 2-family in New Bedford?
Based on area median rents, the estimated cap rate is about 4.1%, with a Signal Score of 73/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $575,000 across 2 units, that works out to roughly $287,500 per unit.
What are the property taxes on 58 Bedford St, New Bedford MA 02740?
Annual property taxes are $5,554 (2025), on an assessed value of $491,100.
What is the price per square foot?
At $575,000 for 3,058 sqft, that's about $188 per square foot.
Where is this property located?
58 Bedford St, New Bedford MA 02740 is in New Bedford, Bristol County, MA 02740.
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