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51 Bonney St, New Bedford, MA, 02740

9beds
4baths
3,902sqft
$800,000
$205price/sqft
$5,965/moest. monthly cost
$238,600/yrincome needed

About This Home

Rare opportunity to own a fully updated 4-family offering both strong investment potential and owner-occupant flexibility. One unit will be delivered vacant, featuring a 2-bedroom townhouse-style layout with two floors of living space. The property also includes a spacious 4-bedroom unit with two levels, an additional 2-bedroom townhouse-style unit, and a 1-bedroom unit. All units have been updated within the past 5 years, including hardwood floors throughout, modern kitchens, and renovated baths. Major improvements include newer heating systems for each unit, updated windows, and vinyl siding. Truly turnkey with nothing to do. Ideal for investors or owner-occupants seeking immediate income and long-term value. All rents are below market value. First showing will be Saturday May 9th 12-1pm Open house.

Getting Around

83
WalkingVery Walkable
41
TransitSome Transit
57
BikeBikeable

Schools

3/10
Roosevelt Middle SchoolGrades 6-81.4 mi
1/10
New Bedford High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1897

Materials

  • Foundation: Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: 4 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Finished area below ground: 0
  • Finished area above ground: 3,902

Interior Area

  • Total structure area: 3,902
  • Total interior livable area: 3,902 sqft

Property

Details

  • Parcel number: 2888274
  • Zoning: RB

Features

  • Fencing: Fenced/Enclosed

Lot

  • Lot size: 4,966 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,045$48,540
Home Insurance *$465$5,580
Property Taxes $686$8,232
Electricity $769$9,233
Total$5,965$71,580
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$204,514/yr
40% on housing$178,950/yr
45% on housing$159,066/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$205This listing

vs Other Active Listings

Avg $/sqft

ZIP 02740$230
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02740$297
Bristol County$339

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-04Listed for sale$839,700
2021-06-04Sold$452,000
2017-05-08Sold$240,000
2016-12-12Price change$255,900
2016-02-01Listed for sale$239,900
2008-05-29Listing removed$184,900
2008-05-28Price change$184,900
2008-03-22Listed for sale$199,800

For Sale by Agent

AgentThe J. Pavao Team
BrokerageKeller Williams South Watuppa

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