Active
4 Days on market
1533 Morton Avenue New Bedford — Photo 1 of 36

1533 Morton Avenue New Bedford — Photo 1 of 36

$649,000

Investment Analysis — 1533 Morton Avenue

New Bedford, MA 02745

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 3-bedroom in 02745 carries an estimated $1,790/mo in gross rent — about a 1.66% cap rate and $10,758/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,636

Style

Single Family

Built

1952

Lakefront living takes center stage at this New Bedford cottage, where the backyard opens directly to the water and your own dock creates an incredible setting for enjoying life by the lake. Expansive windows and doors bring the water views into the main living space, while the deck extends the experience outdoors with a front-row seat to the shoreline. Inside, the kitchen features stone counters, a large island with seating, stainless steel appliances and a gas range, flowing into a spacious living area anchored by a fireplace. The flexible layout offers three bedrooms, two full baths and a bonus room, including a second-floor primary with a walk-in closet and private bath. A fenced yard, patio, storage shed and detached garage add even more versatility. Whether spending summer days on the water, relaxing on the deck or simply taking in the view, this is a rare opportunity to make waterfront living part of everyday life.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 818 sq ft (the lesser of 900 sq ft or half the 1,636 sq ft principal dwelling). Lot size: 7,675 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$649,000
Annual Taxes$5,567

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms7
Fireplaces1
FlooringVinyl, Carpet, Flooring - Vinyl
BasementNone

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
FoundationOther
ZoningRA

Property & Lot

Acres0.18
SqFt Lot7,675
Lot FeaturesOther

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Conservation Area • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 1
First
Living RoomDining RoomKitchenBedroom 3Bathroom 2
Living Room
Lvl First

16 x 12

Flooring - Wall to Wall Carpet, Cable Hookup, Exterior Access

Dining Room
Lvl First

14 x 8

Flooring - Vinyl, Exterior Access

Kitchen
Lvl First

9 x 20

Flooring - Vinyl, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Exterior Access, Stainless Steel Appliances, Gas Stove

Primary Bedroom
Lvl Second

19 x 13

Bathroom - Full, Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet, Cable Hookup

Bedroom 2
Lvl Second

16 x 8

Bedroom 3
Lvl First

9 x 20

Flooring - Wall to Wall Carpet, Cable Hookup

Bathroom 1
Lvl Second

8 x 9

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Jacuzzi / Whirlpool Soaking Tub, Dryer Hookup - Electric, Washer Hookup

Bathroom 2
Lvl First

7 x 8

Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Laminate

Listing Provided By

Listing Agent: Cheryl Perry

Listing Office: Lamacchia Realty, Inc

MLS® Number: 73577859