531 Rivet St, New Bedford, MA 02740 - Photo 1

1/1

$570,000

Sold
Closed
Multi-Family
3 Units
6 Total Beds
0.06 Acres

1/1

Property Description

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.

Full Property Details

Full Property Details for 531 Rivet St

General

Sold For: $570,000
Taxes: $5,022 (2024)
Status: Closed
Type: Multi-Family
MLS ID: 73336453
Added to Site: 332 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 6

Parking

Parking Features: Paved Drive

Location

County: Bristol

Structural Information

Basement: Yes
Stories/Levels: 6
Square Feet: 2,750
Year Built: 1892

Lot Features

Lot Size (Acres): 0.06

Financial Considerations

Tax Amount: $5,022
Tax Year: 2024

Disclosures and Reports

Disclosures/Rstr.: Sale contingent on seller finding suitable housing.
Property ID: M:0028 L:0141, 2886634

Listed by Realty One Group Dream Makers, Luis Rodrigues
Sold by Compass, Leovanni Baessa

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Listing agent

— 531 Rivet St —

Luis Rodrigues

Realty One Group Dream Makers

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Schools

Schools serving 531 Rivet St

School District:New Bedford School District

Name	Grades	Distance
James B Congdon Elementary School 50 Hemlock Street, New Bedford, MA 02740	PK-5	0.2 mi
Roosevelt Middle School 119 Frederick Street, New Bedford, MA 02744	6-8	1.4 mi
New Bedford High School 230 Hathaway Boulevard, New Bedford, MA 02740	9-12	1.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 531 Rivet St

Date

Details

Price

Change

Source

8/28/2025

Sold

$570,000

1.8%

MLS

6/11/2025

Price Reduced

$559,900

-4.29%

MLS

5/13/2025

Price Reduced

$585,000

-2.48%

MLS

3/09/2025

Price Reduced

$599,900

-2.46%

MLS

2/19/2025

Listed

$615,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Multi-Family
Closed

2
Units
5
Total Beds
0.05
Acres

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$630,000

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Multi-Family
Closed

3
Units
9
Total Beds
0.07
Acres

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$575,000

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Multi-Family
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Units
6
Total Beds
0.19
Acres

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Multi-Family
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Units
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Total Beds
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531 Rivet St, New Bedford, MA 02740 (MLS# 73336453) is a Multi-Family property that was sold at $570,000 on August 28, 2025. Want to learn more about 531 Rivet St? Do you have questions about finding other Multi-Family real estate for sale in New Bedford? You can browse all New Bedford real estate or contact a Coldwell Banker agent to request more information.

531 Rivet St New Bedford, MA 02740