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295-297 Pleasant St, New Bedford MA 02740

$589,999

Estimated $1,390.68/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $147,499.75

Total Rent: 44400/year

Estimated CAP Rate: 6.64%

5 Bedrooms

4 Full Baths

3,088 SqFt

Total Parking: 8 (4 Garage)

4,774 SqFt

Fantastic 4-Family in Prime New Bedford Location – One Unit Vacant! Perfect for owner-occupants or investors, this well-maintained 4-family offers immediate upside with 3 renovated units and one unit delivered vacant. Layout includes three 1-bed units and one 2-bed unit, making it ideal for strong rental cash flow or house hacking.Recent upgrades include newer roof, brand-new siding, 2021 water heater, and separately metered gas and electric. Bonus features: off-street parking and a 4-car garage with income potential. Conveniently located near downtown, public transportation, and highway access.Owners are licensed real estate professionals in Massachusetts. Buyer and buyer’s agent to perform all due diligence. Seller has never occupied the property. OPEN HOUSE SCHEDULED FOR SATURDAY (6/14) AND SUNDAY (6/15) FROM 11AM-1PM

This home has been viewed 5 times

Last Checked: June 14th, 2025 at 6:43pm (Source: MLS PIN #73388269)

Gross Income: $44,400

Gross Expenses: $5,208

Net Income Calc: $39,192

CAP Rate: 6.64%

Annual Expenses for 295-297 Pleasant St, New Bedford MA 02740

Total Gross Expenses (Calculated)$5,208/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,208

Annual Income & Unit Breakdown for 295-297 Pleasant St, New Bedford MA 02740

Total Gross Income (Calculated)$44,400

Unit 1

Rental Income$1,150

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 2

Rental Income$1,400

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 4

Rental Income$1,150

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

General Information for 295-297 Pleasant St, New Bedford MA 02740

Listing ID73388269

Property TypeMulti Family / 4 Family

Price$589,999 ($191.06/SqFt)

Style4 Family

CityNew Bedford

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total3,088 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking8 (4 Garage)

Garage Parking4 / Detached

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor SpaceDeck - Wood, Porch

ZoningRC

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 295-297 Pleasant St, New Bedford MA 02740

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$44,400

Total Net Income By Broker$44,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 295-297 Pleasant St, New Bedford MA 02740

Real Estate Taxes$5,208

Tax Year2025

Assessed Value$460,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$44,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$44,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.64%

Location Information for 295-297 Pleasant St, New Bedford MA 02740

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Private School, University

Contact Information for 295-297 Pleasant St, New Bedford MA 02740

Agent

Name: Candor Realty Group

MLS ID: TM335434

Office ID: AN5498

Office

Name: Four Points Real Estate, LLC

MLS Office ID: AN5498

Phone: 888-944-5827

Team Members

Name: Andrew Freed

MLS ID: CN246632

Office ID: AN5498

Phone: 781-964-3200

City: Worcester

State: MA

Payment Calculator

, Interest

Property Taxes 434

Principal & Interest 3635.39

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Four Points Real Estate, LLC

Candor Realty Group

Agent Phone

Office Phone

(888) 944-5827

Text Agent Call Agent Call Office

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        )

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                    [modified] => 2025-06-14 18:43:37
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EXIT

Active

295-297 Pleasant St, New Bedford MA 02740

$589,999

Annual Expenses for 295-297 Pleasant St, New Bedford MA 02740

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Contact Information for 295-297 Pleasant St, New Bedford MA 02740

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Four Points Real Estate, LLC

Candor Realty Group