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Active

21 Reynolds St, New Bedford MA 02740

$625,000

Estimated $1,608.93/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $208,333.33

Total Rent: 32400/year

Estimated CAP Rate: 4.04%

8 Bedrooms

3 Full Baths

3,331 SqFt

Total Parking: 5 (1 Garage)

4,369 SqFt

Welcome to a solid 3-family opportunity perfect for both investors and owner-occupants. This well-maintained property features off-street parking plus a 1-car garage, a valuable bonus in the area. The 2nd-floor unit will be delivered vacant, offering immediate flexibility to occupy or set market rent. All apartments are in good condition, needing only minor TLC to unlock additional upside. Conveniently located near local amenities, public transportation, and major routes, this is a strong income-producing asset with long-term potential. Don’t miss your chance to own a versatile multi-family in one of New Bedford’s established neighborhoods.

This home has been viewed 10 times

Last Checked: February 7th, 2026 at 6:08pm (Source: MLS PIN #73475158)

Gross Income: $32,400

Gross Expenses: $7,145

Net Income Calc: $25,255

CAP Rate: 4.04%

Annual Expenses for 21 Reynolds St, New Bedford MA 02740

Total Gross Expenses (Calculated)$7,145/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,145.97

Annual Income & Unit Breakdown for 21 Reynolds St, New Bedford MA 02740

Total Gross Income (Calculated)$32,400

Unit 1

Rental Income$1,500

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,200

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 21 Reynolds St, New Bedford MA 02740

Listing ID73475158

Property TypeMulti Family / 3 Family

Price$625,000 ($187.63/SqFt)

Style3 Family

CityNew Bedford

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total3,331 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking5 (1 Garage)

Garage Parking1 / Detached

Year Built1889

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRC

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesUnknown To Beach

Energy Features

Terms

Disclosures for 21 Reynolds 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$32,400

Total Net Income By Broker$32,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 21 Reynolds St, New Bedford MA 02740

Real Estate Taxes$7,145.97

Tax Year2026

Assessed Value$652,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$32,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$32,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.04%

Location Information for 21 Reynolds St, New Bedford MA 02740

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 21 Reynolds St, New Bedford MA 02740

Agent

Name: Alexander Machado

Office

Name: Seaport Realty

Phone: 508-742-6387

Payment Calculator

, Interest

Property Taxes 595.5

Principal & Interest 3851.05

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Seaport Realty

Alexander Machado

Agent Phone

Office Phone

(508) 742-6387

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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EXIT

Active

21 Reynolds St, New Bedford MA 02740

$625,000

Annual Expenses for 21 Reynolds St, New Bedford MA 02740

Annual Income & Unit Breakdown for 21 Reynolds St, New Bedford MA 02740

General Information for 21 Reynolds St, New Bedford MA 02740

Disclosures for 21 Reynolds St, New Bedford MA 02740

Financial Information for 21 Reynolds St, New Bedford MA 02740

Location Information for 21 Reynolds St, New Bedford MA 02740

Contact Information for 21 Reynolds St, New Bedford MA 02740

Agent

Office

Payment Calculator

Exclusive Listing Agent

Seaport Realty

Alexander Machado