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Pending

304 Summer St, New Bedford MA 02740

$609,900

Estimated $1,446/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $203,300

Total Rent: 51600/year

Estimated CAP Rate:

9 Bedrooms

Baths

3180

Total Parking: 2

3,563 (0.08)

Exceptional investment opportunity! This spacious 3-family property offers over 3,180 sq. ft. of living space with 9 bedrooms and 3 full bathrooms, making it an ideal addition to any investor's portfolio or an excellent owner-occupied opportunity. Each unit features generous living areas with hardwood flooring and functional layouts. The property includes off-street parking, a fenced yard, full basement, inviting front porch, and separate utilities. Conveniently located near downtown New Bedford, public transportation, shopping, restaurants, schools, parks, and major highways for easy commuting. Whether you're looking to expand your investment portfolio or generate rental income, this multi-family offers tremendous potential. Don't miss this opportunity to own a well-located income-producing property! Offer Deadline: Monday 5pm.

This home has been viewed 10 times

Last Checked: August 6th, 2026 at 6:03am (Source: MLS PIN #73546641)

Gross Income: $51,600

Gross Expenses: $10,488

Net Income Calc: $41,112

Water Views

Annual Expenses for 304 Summer St, New Bedford MA 02740

Total Gross Expenses (Calculated)$10,488/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5488

Annual Income & Unit Breakdown for 304 Summer St, New Bedford MA 02740

Total Gross Income (Calculated)$51,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 304 Summer St, New Bedford MA 02740

Listing ID73546641

Property TypeMulti Family / 3 Family

Price609900 ($191.79/SqFt)

Style3 Family

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total3180

Approximate Lot Size (Acres)0.08

Total Parking2

Garage Parking0

Year Built1897

Year Built SourceOwner

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 304 Summer St, New Bedford MA 02740

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher / Dryer

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 304 Summer St, New Bedford MA 02740

Real Estate Taxes5488

Tax Year2025

Assessed Value$485,200

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 304 Summer St, New Bedford MA 02740

Neighborhood(s)

Area Amenities

Contact Information for 304 Summer St, New Bedford MA 02740

Agent

Name: Mervine Chery

Office

Name: Coldwell Banker Realty - Canton

Phone: 781-821-2664

Payment Calculator

, Interest

Property Taxes 457.33

Principal & Interest 3758.01

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Canton

Mervine Chery

Agent Phone

Office Phone

(781) 821-2664

Text Agent Call Agent Call Office

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EXIT

26 More Photos

Pending

304 Summer St, New Bedford MA 02740

$609,900

Annual Expenses for 304 Summer St, New Bedford MA 02740

Annual Income & Unit Breakdown for 304 Summer St, New Bedford MA 02740

General Information for 304 Summer St, New Bedford MA 02740

Disclosures for 304 Summer St, New Bedford MA 02740

Financial Information for 304 Summer St, New Bedford MA 02740

Location Information for 304 Summer St, New Bedford MA 02740

Contact Information for 304 Summer St, New Bedford MA 02740

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Canton

Mervine Chery