324 Cottage St, New Bedford, MA, 02740
About This Home
Well-maintained 3-family home in New Bedford! This solid multi-family property features versatile layouts and strong rental income potential. Unit 1 offers 2 BR, a double parlor (front room easily converts to a 3rd BR), and convenient in-unit laundry. Unit 2 features 3 BR plus a flexible bonus room perfect for a 4th BR or home office. Unit 3 includes 2 spacious BR and ample living space. Major updates include brand-new PVC waste piping in the basement and separate utilities for each unit. The full basement provides excellent storage and additional Washer dryer hookups. Outside, enjoy a private backyard and off-street driveway parking for up to 3 cars. Excellent location just 1 mile from historic downtown New Bedford's shops, dining, and waterfront, and a short drive to the MBTA commuter rail to Boston. A rock-solid investment!
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1891
Materials
- Foundation: Stone
Type & Style
- Home type: MultiFamily
- Property subType: 3 Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Features
- Number of fireplaces: 2
- Fireplace: Yes
- Finished area above ground: 3,385
Interior Area
- Total structure area: 3,385
- Total interior livable area: 3,385 sqft
Property
Details
- Parcel number: M:0058 L:0245,2893148
- Zoning: RB
- Exclusions: Tenant Owned Appliances
Lot
- Lot size: 4,016 sqft
- Features: Other
Parking
- Total spaces: 3
- Parking features: Paved Drive,Off Street
- Has uncovered spaces: Yes
- Uncovered spaces: 3
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
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,160 | $37,920 |
| Home Insurance * | $363 | $4,356 |
| Property Taxes | $585 | $7,020 |
| Electricity | $667 | $8,009 |
| Total | $4,775 | $57,300 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-22 | Listed for sale | $625,000 |
| 2026-01-28 | Listing removed | $635,000 |
| 2025-12-03 | Price change | $635,000 |
| 2025-11-04 | Listed for sale | $645,000 |
| 2024-07-31 | Sold | $530,000 |
| 2024-06-13 | Contingent | $529,000 |
| 2024-05-26 | Listed for sale | $529,000 |
| 2004-03-12 | Sold | $114,000 |
View on Zillow