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40-42 Glennon St, New Bedford MA 02745

$520,000

Estimated $1,291/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $260,000

Total Rent: 40800/year

Estimated CAP Rate:

6 Bedrooms

Baths

2290

Total Parking: 3

2,827 (0.06)

Excellent Opportunity to Own a Two-Family Property in New Bedford!Welcome to 40 Glennon Street, a fantastic opportunity for both owner-occupants and investors looking to expand their real estate portfolio! This two-family property offers the flexibility of multi-generational living or the potential to generate rental income while building long-term equity.Whether you’re a first-time buyer looking to offset your mortgage with rental income or an experienced investor seeking another income-producing property, this home offers a variety of possibilities. Conveniently located in New Bedford, with access to local shopping, restaurants, schools, parks, and major commuter routes.With continued demand for multifamily housing, this property presents an opportunity to invest in your future. Don’t miss your chance to explore the possibilities this two-family home has to offer. Schedule your private showing today and see the potential for yourself!

This home has been viewed 4 times

Last Checked: November 6th, 2026 at 11:03am (Source: MLS PIN #73599546)

Gross Income: $40,800

Gross Expenses: $5,368

Net Income Calc: $35,432

Annual Expenses for 40-42 Glennon St, New Bedford MA 02745

Total Gross Expenses (Calculated)$5,368/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5368.79

Annual Income & Unit Breakdown for 40-42 Glennon St, New Bedford MA 02745

Total Gross Income (Calculated)$40,800

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 40-42 Glennon St, New Bedford MA 02745

Listing ID73599546

Property TypeMulti Family / 2 Family

Price520000 ($227.07/SqFt)

Style2 Family - 2 Units Up/down

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total2290

Approximate Lot Size (Acres)0.06

Total Parking3

Garage Parking0

Year Built1923

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 SpaceCovered

ZoningRB

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 40-42 Glennon St, New Bedford MA 02745

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWall Mounted Tv's-Brackets To Remain

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)Lender Owned

Compensation Based On

Financial Information for 40-42 Glennon St, New Bedford MA 02745

Real Estate Taxes5368.79

Tax Year2026

Assessed Value$490,300

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 40-42 Glennon St, New Bedford MA 02745

Neighborhood(s)

Area Amenities

Contact Information for 40-42 Glennon St, New Bedford MA 02745

Agent

Name: Michael Nunes

Office

Name: RE/MAX Vantage

Phone: 774-992-0297

Payment Calculator

, Interest

Property Taxes 447.4

Principal & Interest 3204.07

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Vantage

Michael Nunes

Agent Phone

Office Phone

(774) 992-0297

Text Agent Call Agent Call Office

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EXIT

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