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365 Hersom, New Bedford MA 02745

$525,900

Estimated $1,320/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $262,950

Total Rent: 15600/year

Estimated CAP Rate:

4 Bedrooms

Baths

3062

Total Parking: 8 (2 Garage)

4,500 (0.10)

Welcome to this charming two family home located in the North end of New Bedford- with vacant first floor! This bright and versatile two-family property offers a wonderful opportunity for homeowners and investors alike. The first floor unit is currently vacant so with just a little updating - "fresh paint and refinished floors" - you can transform it into a beautiful home just in time for the holidays. The home features 2 bedrooms in each unit with an additional den/office area. The second floor unit offers an additional room which can be used as an office, play area or additional living space. The home has a 2 car garage with an additional storage area for all those garden tools and outdoor equipment. The spacious backyard is perfect for summer cookouts, family gatherings, entertaining and even gardening. Plenty of outdoor space to enjoy year round. The basement comes with washer and dryer hookups for each unit. (washer and dryer is included with the first floor unit). There is a 1/2 bath in the basement as well as a laundry/utility sink. Plenty of shelving also adds to the storage in this great home. A full walk up attic completes this great opportunity. If your looking for a home with income potential, flexibility with room to grow then this is a must see.

This home has been viewed 3 times

Last Checked: September 20th, 2026 at 6:58am (Source: MLS PIN #73579622)

Gross Income: $15,600

Gross Expenses: $5,612

Net Income Calc: $9,988

Annual Expenses for 365 Hersom, New Bedford MA 02745

Total Gross Expenses (Calculated)$5,612/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5612

Annual Income & Unit Breakdown for 365 Hersom, New Bedford MA 02745

Total Gross Income (Calculated)$15,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 365 Hersom, New Bedford MA 02745

Listing ID73579622

Property TypeMulti Family / 2 Family

Price525900 ($171.75/SqFt)

Style2 Family - 2 Units Up/down

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total3062

Approximate Lot Size (Acres)0.1

Total Parking8 (2 Garage)

Garage Parking2

Year Built1923

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 Space

Zoningres RB

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 365 Hersom, New Bedford MA 02745

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSee Broker

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 365 Hersom, New Bedford MA 02745

Real Estate Taxes5612

Tax Year2025

Assessed Value$496,200

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 365 Hersom, New Bedford MA 02745

Elementary SchoolAshley

Middle SchoolNormandin Middle

High SchoolNew Bedford High

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 365 Hersom, New Bedford MA 02745

Agent

Name: Sandra Simmons

Office

Name: Keller Williams South Watuppa

Phone: 508-677-3233

Team Members

Payment Calculator

, Interest

Property Taxes 467.67

Principal & Interest 3240.43

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams South Watuppa

Sandra Simmons

Agent Phone

Office Phone

(508) 677-3233

Text Agent Call Agent Call Office

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    [description] => Welcome to this charming two family home located in the North end of  New Bedford- with vacant first floor! This bright and versatile two-family property offers a wonderful opportunity for homeowners and investors alike.  The first floor unit is currently vacant so with just a little updating - "fresh paint and refinished floors" - you can transform it into a beautiful home just in time for the holidays. The home features 2 bedrooms in each unit with an additional den/office area.  The second floor unit  offers an additional room which can be used as an office, play area or  additional living space.  The home has  a 2 car garage with an additional storage area for all those garden tools and outdoor equipment. The spacious  backyard is perfect for summer cookouts, family gatherings, entertaining and even gardening.   Plenty of outdoor space to enjoy year round.  The basement  comes with washer and dryer hookups for each unit. (washer and dryer is included with the first floor unit). There is  a 1/2 bath in the basement as well as a laundry/utility sink.  Plenty of shelving also adds to the storage in this great home.  A full walk up attic completes this great opportunity.  If your looking for a home with income potential, flexibility with room to grow then this is a must see.
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EXIT