Excellent opportunity for owner-occupants and investors alike! This well-maintained two-family property features two spacious units. First floor has two bedrooms and one full bathroom, while the second floor boasts three bedrooms and one full bath, with the possibility of a cottage style setup in the unfinished attic. The vacant second-floor unit has been recently renovated with a new kitchen, updated bathroom, new flooring, updated electrical, and efficient electric baseboard heat. Brand-new kitchen appliances will convey, making the unit move-in ready for its next owner or tenant. The first-floor unit is occupied by a long-term tenant, providing immediate rental income. Additional highlights include a detached one-car garage and a convenient New Bedford location with easy access to shopping, dining, schools, and major routes. Whether you're looking to offset your mortgage with rental income or expand your investment portfolio, 195 Grinnell Street presents an outstanding opportunity.
This home has been viewed 23 times
Last Checked: June 16th, 2026 at 4:33am (Source: MLS PIN #73534639)
Gross Income: $0
Gross Expenses: $5,265
Net Income Calc: $5,265
Water Views
Annual Expenses for 195 Grinnell St, New Bedford MA 02740
Total Gross Expenses (Calculated)$5,265/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5265
Annual Income & Unit Breakdown for 195 Grinnell St, New Bedford MA 02740
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 195 Grinnell St, New Bedford MA 02740
Listing ID73534639
Property TypeMulti Family
Price479999 ($260.87/SqFt)
StyleMulti Family
CityNew Bedford
CountyBristol
Neighborhood(s)
Approximate Living Area Total1840
Approximate Lot Size (Acres)0.06
Total Parking5 (1 Garage)
Garage Parking1
Year Built1886
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRB
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 195 Grinnell St, New Bedford MA 02740
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Fridge
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 195 Grinnell St, New Bedford MA 02740
Real Estate Taxes5265
Tax Year2025
Assessed Value$465,500
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 195 Grinnell St, New Bedford MA 02740
Neighborhood(s)
Area Amenities
Contact Information for 195 Grinnell St, New Bedford MA 02740