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414 430 Rivet St

New Bedford, MA 02740

14 beds
7 baths
15,345 sqft
9,853 sqft lot
$53 per sqft
1921 build
– on site

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Significant Price Improvement: Presenting this architecturally significant landmark in the City of New Bedford: This historic gem, known as The Thomas Building, is believed to have been constructed in 1921. Originally housing a beloved department store, it has long served as an anchor to Goulart Square and the vibrant South End community. Comprising of five storefront units, including a spacious 2500+ sqft area most recently utilized as a restaurant, this property offers diverse commercial potential. Additionally, the second and third floors boast four residential units, two four bedrooms and two three bedrooms, providing a perfect blend of work and living spaces. Situated in a neighborhood sharing the city's exciting and exponential growth, the Thomas Building is a rare property and a truly coveted investment opportunity.

Listing courtesy of MLSPIN / The Mathew J. Arruda Group / Compass

Last checked: Checking… • Last updated Jul 23, 2024 •

MLS# 73130620 —

The Building

Year Built:

1921
Year Built Details:

Approximate
Year Built Source:

Public Records
Construction Materials:

Frame
Foundation Details:

Other
Stories Total:

9
# of Units Total:

9
Building Area Total:

15345
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

26
Fireplace:

true
Fireplaces Total:

2

Room Dimensions

Living Area:

15345

Location

Directions:

From Allen Street, Head south on County Street, Turn right on Rivet Street.
Latitude:

41.619291
Longitude:

-70.930855

The Property

Parcel Number:

M:0023 L:0009,2885659
Property Type:

Residential Income
Property Subtype:

5-9 Family
Lot Features:

Corner Lot
Lot Size Units:

Acres
Lot Size Area:

0.23
Lot Size SqFt:

9853
Lot Size Acres:

0.23
Zoning:

MUB
Waterview:

Yes
Waterview Features:

Ocean
Waterfront:

false
Waterfront Features:

Beach Front
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

12210
Tax Annual Amount:

10853.87
Tax Assessed Value:

892600

Beds

Bedrooms Total:

14

Baths

Total Baths:

5.5
Total Baths:

7
Full Baths:

4
Half Baths:

3

The Listing

Home Warranty:

false
Sub Agency Relationship Offered:

No

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Total:

4
Parking Features:

Off Street

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/23/24 Jul 23, 2024	Sold	MLSPIN	$825,000	-13.2%
5/16/24 May 16, 2024	Pending	MLSPIN	$950,000
5/3/24 May 3, 2024	Relisted	MLSPIN	$950,000	-17.4%

Multifamily Sold on 7/23/2024

$825,000

Listing provided by broker:

The Mathew J. Arruda Group

Compass

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Listing Courtesy of: MLSPIN and Compass.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

414 430 Rivet St

New Bedford, MA 02740