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392-394 Shaw St, New Bedford MA 02745

$799,999

Estimated $1,774/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $199,999.75

Total Rent: 32400/year

Estimated CAP Rate:

8 Bedrooms

Baths

3372

Total Parking: 2

3,999 (0.09)

Multi-Family Opportunity in the Heart of New Bedford! Perfectly located near the brand-new train station, this income-producing property is ready for its next owner to start cash flowing from day one. Featuring numerous recent upgrades throughout, this well-maintained multi-family home offers the ideal blend of modern updates and long-term investment potential. Each unit has been thoughtfully cared for, making this a true move-in-ready property for both investors and owner-occupants alike. Outside, enjoy a spacious backyard designed for entertaining, relaxing, or hosting summer gatherings. The property also includes two off-street parking spaces. An added highlight is the unfinished attic space, offering exciting potential for a possible 5th unit expansion or additional living space, subject to buyer due diligence and city approvals. This opens the door for even greater income potential and future value growth. Schedule your showing today!

This home has been viewed 11 times

Last Checked: May 23rd, 2026 at 6:43pm (Source: MLS PIN #73523133)

Gross Income: $32,400

Gross Expenses: $5,722

Net Income Calc: $26,678

Annual Expenses for 392-394 Shaw St, New Bedford MA 02745

Total Gross Expenses (Calculated)$5,722/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5722

Annual Income & Unit Breakdown for 392-394 Shaw St, New Bedford MA 02745

Total Gross Income (Calculated)$32,400

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 392-394 Shaw St, New Bedford MA 02745

Listing ID73523133

Property TypeMulti Family / 4 Family

Price799999 ($237.25/SqFt)

Style4 Family

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total3372

Approximate Lot Size (Acres)0.09

Total Parking2

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRC

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 392-394 Shaw St, New Bedford MA 02745

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSauna

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 392-394 Shaw St, New Bedford MA 02745

Real Estate Taxes5722

Tax Year2025

Assessed Value$505,900

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 392-394 Shaw St, New Bedford MA 02745

Neighborhood(s)

Area Amenities

Contact Information for 392-394 Shaw St, New Bedford MA 02745

Agent

Name: Taylor Khoury

Office

Name: Ponte & Associates Real Estate Inc.

Phone: 774-849-5807

Payment Calculator

, Interest

Property Taxes 476.83

Principal & Interest 4929.34

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Ponte & Associates Real Estate Inc.

Taylor Khoury

Agent Phone

Office Phone

(774) 849-5807

Text Agent Call Agent Call Office

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EXIT

24 More Photos

Active

392-394 Shaw St, New Bedford MA 02745

$799,999

Annual Expenses for 392-394 Shaw St, New Bedford MA 02745

Annual Income & Unit Breakdown for 392-394 Shaw St, New Bedford MA 02745

General Information for 392-394 Shaw St, New Bedford MA 02745

Disclosures for 392-394 Shaw St, New Bedford MA 02745

Financial Information for 392-394 Shaw St, New Bedford MA 02745

Location Information for 392-394 Shaw St, New Bedford MA 02745

Contact Information for 392-394 Shaw St, New Bedford MA 02745

Agent

Office

Payment Calculator

Exclusive Listing Agent

Ponte & Associates Real Estate Inc.

Taylor Khoury