$6,411 Closing Credit¹
#73343740, Team ROSO, Listing Office: RE/MAX Vantage
$599,900 List price
531 Rivet St New Bedford, MA 02740
$7,124
Closing credit¹
6 beds
3 full
2,750 sqft
0.06 acres
$218 / sqft
Multi-Family
Property details
About 531 Rivet St
Presenting a prime investment opportunity at 531 Rivet Street, New Bedford, MA 02740. Each unit offers two bedrooms and one bathroom, making it ideal for rental income or multi-generational living. The property features vinyl siding, replacement windows, and a two-year-old roof—ensuring durability and reduced maintenance costs. Additional amenities include off-street parking for three vehicles and washer/dryer hookups in each unit. Situated on a corner lot just one block east of Dartmouth Street, the location provides convenient access to public transportation, shopping, parks, and schools.Don’t miss out on this exceptional investment in a thriving community. The first-floor unit will be delivered vacant.
Highlights
Home typeMulti Family
StatusActive
Size2,750 sqft
BasementYes
Lot size0.06 Acres
Year built1892
ParkingPaved Drive
MLS #73336453
Summary
- MLS Number: 73336453
- MLS Name: MLS Property Information Network
- Office Name: Realty One Group Dream Makers
- Office Phone: (508) 269-3006
- Listing Agent: Luis Rodrigues
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/22/2025, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$599,900
531 Rivet St
$7,124
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 08, 2021 | Home Sold | $340,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $418,500 | $5,022 |
| 2023 | $324,300 | $4,634 |
| 2022 | $219,000 | $3,403 |
| 2021 | $213,300 | $3,325 |
| 2020 | $201,100 | $3,250 |
| 2019 | $170,600 | $2,810 |
History based on county public records data.
Nearby schools
4
James B. Congdon Elementary School
Public District PK-5
0.2 mi
•50 Hemlock St
3
John B. DeValles Elementary School
Public District PK-5
0.3 mi
•120 Katherine St
6
Betsey B. Winslow Elementary School
Public District PK-5
0.6 mi
•561 Allen St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,902. The most common annual income of people living in New Bedford, MA is less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
41%
<35k
38%
35k-100k
21%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
18%
Single, with Kids
20%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Soccer
Figure Skating
Where do the neighbors shop?
Burlington
Forever 21
Chico's
Where do the neighbors go to eat?
Popeyes
Dominos Pizza
Bob Evans
What do the neighbors drive?
Dodge
Mazda
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in New Bedford, MA
About 531 Rivet St
This home is located at 531 Rivet St in New Bedford, MA and zip code 02740. This 2,750 square foot home, which was built in 1892, sits on a 0.06 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $599,900.
While more than 14 listings in New Bedford, MA in March 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 7 were sold below. The number of listings in New Bedford, MA increased by 9.6% between February and March 2025. The median list price of listings available in March 2025 was $450,000, while the average time on the real estate market was 51 days.
From Rocket Homes Real Estate and based on county public records data.