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32 Franklin Street, New Bedford MA 02740

Active

32 Franklin Street, New Bedford MA 02740

$459,000

Estimated $1,182/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $153,000

Total Rent: 54000/year

Estimated CAP Rate:

11 Bedrooms

Baths

2234

Total Parking: 0

2,801 (0.06)

PRICE JUST REDUCED AGAIN.....MOTIVATED SELLER! OPPORTUNITY KNOCKS: HANDYMAN & INVESTORS....PRICED TO SELL QUICKLY! This 3 FAMILY, with 4 floors of living space is located just minutes to the New Bedford-Boston Commuter Train. Featuring a TOTAL of 11 Bedrooms, 4 Full baths, 2900 sq. feet of living space, roof shingles 6 years, vinyl siding 6 years & a fully fenced in back yard. Appliances: stove & refrigerator for all 3 units. All tenants are Tenants At Will with no signed lease, each floor pays $1500 rent per month. Unit 1: 3 bedrooms, hardwood floors, 1 full bath. Unit 2: 6 bedrooms, 2 full baths. Unit 3 Basement: Finished basement with 2 bedrooms, 1 full bath. Great opportunity to expand your portfolio here!

This home has been viewed 7 times

Last Checked: September 16th, 2026 at 10:28am (Source: MLS PIN #73568118)

Gross Income: $54,000

Gross Expenses: $5,249

Net Income Calc: $48,751

Water Views

Annual Expenses for 32 Franklin Street, New Bedford MA 02740

Total Gross Expenses (Calculated)$5,249/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5249

Annual Income & Unit Breakdown for 32 Franklin Street, New Bedford MA 02740

Total Gross Income (Calculated)$54,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms6

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 32 Franklin Street, New Bedford MA 02740

Listing ID73568118

Property TypeMulti Family / 3 Family

Price459000 ($205.46/SqFt)

Style3 Family

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total2234

Approximate Lot Size (Acres)0.06

Total Parking0

Garage Parking0

Year Built1912

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 32 Franklin Street, New Bedford MA 02740

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

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 32 Franklin Street, New Bedford MA 02740

Real Estate Taxes5249

Tax Year2026

Assessed Value$479,300

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 32 Franklin Street, New Bedford MA 02740

Elementary SchoolParker

Middle SchoolKeith

High SchoolVoc-Tech,Nbhs

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 32 Franklin Street, New Bedford MA 02740

Agent

Name: Jane Kalife Paul

Office

Name: Conway - Mattapoisett

Phone: 508-758-4944

Payment Calculator

, Interest

Property Taxes 437.42

Principal & Interest 2828.21

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Conway - Mattapoisett

Jane Kalife Paul

Agent Phone

Office Phone

(508) 758-4944

Text Agent Call Agent Call Office

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    [unparsed] => 32 Franklin Street, New Bedford MA 02740
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EXIT

19 More Photos

Active

32 Franklin Street, New Bedford MA 02740

$459,000

Annual Expenses for 32 Franklin Street, New Bedford MA 02740

Annual Income & Unit Breakdown for 32 Franklin Street, New Bedford MA 02740

General Information for 32 Franklin Street, New Bedford MA 02740

Disclosures for 32 Franklin Street, New Bedford MA 02740

Financial Information for 32 Franklin Street, New Bedford MA 02740

Location Information for 32 Franklin Street, New Bedford MA 02740

Contact Information for 32 Franklin Street, New Bedford MA 02740

Agent

Office

Payment Calculator

Exclusive Listing Agent

Conway - Mattapoisett

Jane Kalife Paul