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87 Hathaway St, New Bedford, MA, 02746

9beds
3baths
3,291sqft
$685,000
$208price/sqft
$5,251/moest. monthly cost
$210,040/yrincome needed

About This Home

Discover an exceptional turnkey investment opportunity with this move-in-ready three-family property, ideally suited for both owner-occupants and savvy investors. Featuring low-maintenance vinyl siding, a newer roof, updated electrical panels, off-street parking, and a generous backyard, this property offers lasting value and everyday convenience. Freshly painted first-floor unit showcases new vinyl flooring throughout the living and dining areas, two comfortable bedrooms, a spacious eat-in kitchen, and the added comfort of central air conditioning and central heating installed in 2018. Second and third-floor units offer identical layouts, each featuring three generously sized bedrooms, a functional galley kitchen, wall-to-wall carpeting, and gas heat. Conveniently located near shopping, restaurants, schools, and parks, this income-producing property is an outstanding opportunity with strong owner-occupancy appeal and long-term investment potential.

Getting Around

91
WalkingWalker's Paradise
35
TransitSome Transit
51
BikeBikeable

Schools

3/10
Normandin Middle SchoolGrades 6-81.1 mi
1/10
New Bedford High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family

Interior

Appliances

  • Appliances included: Range,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Concrete,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s),Bathroom With Tub & Shower,Other,Living Room,Dining Room,Kitchen
  • Window features: Picture Window
  • Flooring: Vinyl,Carpet,Varies,Stone/Ceramic Tile
  • Finished area above ground: 3,291

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas,Space Heater
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,291
  • Total interior livable area: 3,291 sqft

Property

Details

  • Parcel number: M:0106 L:0174,2900355
  • Zoning: RC

Features

  • Patio & porch: Porch
  • Exterior features: Rain Gutters,Garden
  • Fencing: Fenced/Enclosed

Lot

  • Lot size: 3,798 sqft
  • Features: Cleared

Parking

  • Total spaces: 3
  • Parking features: Paved Drive,Off Street,Tandem,Common,Paved
  • 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
    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 $3,463$41,556
Home Insurance *$498$5,976
Property Taxes $642$7,704
Electricity $648$7,787
Total$5,251$63,012
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$180,034/yr
40% on housing$157,530/yr
45% on housing$140,026/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

$208This listing

vs Other Active Listings

Avg $/sqft

ZIP 02746$218
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02746$453
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
2026-07-17Listed for sale$685,000
2024-07-15Sold$580,000
2024-06-05Contingent$550,000
2024-05-28Listed for sale$550,000
2009-07-08Sold$220,000
2009-06-24Listed for sale$224,900

For Sale by Agent

AgentVenetia Belleton
BrokerageEZ Realty Brokerage, LLC

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