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Active Under Contract

156 Grinnell, New Bedford MA 02740

$549,900

Estimated $1,265/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $274,950

Total Rent: 49200/year

Estimated CAP Rate:

6 Bedrooms

Baths

2118

Total Parking: 2

4,369 (0.10)

Welcome to 156 Grinnell St, New Bedford—an absolute gem just blocks from the ocean in a desirable coastal neighborhood. Fully renovated with approximately $200,000 invested top to bottom. Updates include new LVP flooring throughout both units, full interior repainting, modern tiled bathrooms, stainless steel appliances, all new appliances (2024), two new water heaters (2024), new roof (2024), all new windows (2024), new insulation including basement (2024), and all new plumbing and electrical (2024). Energy-efficient mini splits throughout provide cost-effective heating and cooling. Exterior improvements include full repainting (2024), newly built deck, spacious yard for cookouts, and driveway parking for 2-4+ vehicles. Sewer line to street replaced with new PVC piping in a $30,000 upgrade. Both units are month-to-month. Unit 1 to be delivered vacant by June 1, 2026, providing opportunity for owner occupancy and rental flexibility. Open House Sat 5/2 & Sun 5/3 11AM-1PM.

This home has been viewed 2 times

Last Checked: May 8th, 2026 at 4:58am (Source: MLS PIN #73509194)

Gross Income: $49,200

Gross Expenses: $4,481

Net Income Calc: $44,719

Water Views

Annual Expenses for 156 Grinnell, New Bedford MA 02740

Total Gross Expenses (Calculated)$4,481/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4481.84

Annual Income & Unit Breakdown for 156 Grinnell, New Bedford MA 02740

Total Gross Income (Calculated)$49,200

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms3 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 156 Grinnell, New Bedford MA 02740

Listing ID73509194

Property TypeMulti Family / 2 Family

Price549900 ($259.63/SqFt)

Style2 Family - 2 Units Up/down

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total2118

Approximate Lot Size (Acres)0.1

Total Parking2

Garage Parking0

Year Built1874

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 156 Grinnell, New Bedford MA 02740

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 156 Grinnell, New Bedford MA 02740

Real Estate Taxes4481.84

Tax Year2026

Assessed Value$409,300

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 156 Grinnell, New Bedford MA 02740

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 156 Grinnell, New Bedford MA 02740

Agent

Name: Riley Walters

Office

Name: eXp Realty

Phone: 888-854-7493

Payment Calculator

, Interest

Property Taxes 373.49

Principal & Interest 3388.31

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

Riley Walters

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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    [description] => Welcome to 156 Grinnell St, New Bedford—an absolute gem just blocks from the ocean in a desirable coastal neighborhood. Fully renovated with approximately $200,000 invested top to bottom. Updates include new LVP flooring throughout both units, full interior repainting, modern tiled bathrooms, stainless steel appliances, all new appliances (2024), two new water heaters (2024), new roof (2024), all new windows (2024), new insulation including basement (2024), and all new plumbing and electrical (2024). Energy-efficient mini splits throughout provide cost-effective heating and cooling. Exterior improvements include full repainting (2024), newly built deck, spacious yard for cookouts, and driveway parking for 2-4+ vehicles. Sewer line to street replaced with new PVC piping in a $30,000 upgrade. Both units are month-to-month. Unit 1 to be delivered vacant by June 1, 2026, providing opportunity for owner occupancy and rental flexibility. Open House Sat 5/2 & Sun 5/3 11AM-1PM.
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    [unparsed] => 156 Grinnell, New Bedford MA 02740
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EXIT

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