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380 N Front St, New Bedford MA 02746

$460,000

Estimated $1,019.22/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $230,000

Total Rent: 33600/year

Estimated CAP Rate: 6.59%

5 Bedrooms

2 Full, 1 Half Baths

1,900 SqFt

Total Parking: 4

2,039 SqFt

"Welcome to 380 N Front St, a fantastic two-family property nestled in the heart of New Bedford! Ideally located near Riverside Park, local shops, Market Basket and property is just a block away from the soon-to-be-completed Sun Beam Bakery building conversion into commercial space. With the highly anticipated Southcoast Rail connection arriving soon, this is the perfect opportunity to invest in a growing area with enhanced accessibility. Whether you're seeking an owner-occupied home or a solid investment property, this listing is positioned to deliver value and potential. Don't miss out on this timely opportunity!" City-approved expansion allows the first-floor apartment to extend into the basement. A potential third unit could be added in the basement with a special permit. The second unit is a cottage-style setup currently rented below market value.

This home has been viewed 31 times

Last Checked: April 3rd, 2025 at 4:19am (Source: MLS PIN #73347836)

Gross Income: $33,600

Gross Expenses: $3,280

Net Income Calc: $30,320

CAP Rate: 6.59%

Beach Front

Annual Expenses for 380 N Front St, New Bedford MA 02746

Total Gross Expenses (Calculated)$3,280/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,280

Annual Income & Unit Breakdown for 380 N Front St, New Bedford MA 02746

Total Gross Income (Calculated)$33,600

Unit 1

Rental Income$1,300

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,500

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 380 N Front St, New Bedford MA 02746

Listing ID73347836

Property TypeMulti Family

Price$460,000 ($242.11/SqFt)

StyleMulti Family

CityNew Bedford

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total1,900 SqFt

Approximate Lot Size (Acres)0.05 acres

Total Parking4

Garage Parking

Year Built1892

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor SpacePorch

ZoningMUB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Front

Energy Features

Terms

Disclosures for 380 N Front St, New Bedford MA 02746

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$33,600

Total Net Income By Broker$33,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 380 N Front St, New Bedford MA 02746

Real Estate Taxes$3,280

Tax Year2024

Assessed Value$273,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$33,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$33,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.59%

Location Information for 380 N Front St, New Bedford MA 02746

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Shopping, Park, Laundromat, Public Transportation

Contact Information for 380 N Front St, New Bedford MA 02746

Agent

Name: Spellman Fuller Team

Office

Name: Cameron Prestige, LLC

Phone: 857-331-5127

Team Members

Name: Andre Fuller

Phone: 857-245-5741

Name: Mack Spellman

Phone: 781-561-0087

Payment Calculator

, Interest

Property Taxes 273.33

Principal & Interest 2834.37

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cameron Prestige, LLC

Spellman Fuller Team

Agent Phone

Office Phone

(857) 331-5127

Text Agent Call Agent Call Office

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EXIT