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354-358 Arnold St, New Bedford MA 02740

$459,900

Estimated $1,104.07/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $229,950

Total Rent: 10200/year

Estimated CAP Rate: 1.28%

4 Bedrooms

2 Full, 1 Half Baths

3,240 SqFt

Total Parking: 0

4,752 SqFt

Rare mixed use opportunity on Arnold Street in New Bedford, first floor was originally 2 retail units, Unit A is now a 1 bedroom efficiency unit. Unit B was formerly a hair salon. Upstairs has a 2 bedroom apartment. New windows throughout the building, roof is approx 2003, off street parking and a fenced yard. Both first floor units have basement access.

This home has been viewed 14 times

Last Checked: December 3rd, 2025 at 9:28am (Source: MLS PIN #73450631)

Gross Income: $10,200

Gross Expenses: $4,300

Net Income Calc: $5,900

CAP Rate: 1.28%

Annual Expenses for 354-358 Arnold St, New Bedford MA 02740

Total Gross Expenses (Calculated)$4,300/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,300.06

Annual Income & Unit Breakdown for 354-358 Arnold St, New Bedford MA 02740

Total Gross Income (Calculated)$10,200

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Half

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 354-358 Arnold St, New Bedford MA 02740

Listing ID73450631

Property TypeMulti Family

Price$459,900 ($141.94/SqFt)

StyleMulti Family

CityNew Bedford

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total3,240 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking0

Garage Parking

Year Built1924

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area1650

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRA

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesInsulated Windows

Terms

Disclosures for 354-358 Arnold St, New Bedford MA 02740

Lead Paint

UFFIUnknown

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$0

Total Gross Income By Broker$10,200

Total Net Income By Broker$10,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 354-358 Arnold St, New Bedford MA 02740

Real Estate Taxes$4,300.06

Tax Year2025

Assessed Value$380,200

Financial Data SourceOwner

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$10,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$10,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.28%

Location Information for 354-358 Arnold St, New Bedford MA 02740

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Park, Public Transportation, Sidewalks

Contact Information for 354-358 Arnold St, New Bedford MA 02740

Agent

Name: Kenneth A Mongeon

Office

Name: KAM Realty

Phone: 508-677-1600

Payment Calculator

, Interest

Property Taxes 358.34

Principal & Interest 2833.76

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

KAM Realty

Kenneth A Mongeon

Agent Phone

Office Phone

(508) 677-1600

Text Agent Call Agent Call Office

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    [outdoor_space_available] => Array
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[owner_occupancy_source] => 
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[pasture_area] => None
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[perc_test] => Array
        (
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[perc_test_date] => Unknown
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EXIT