23 Rodney St New Bedford — Photo 1 of 13
$500,000
Investment Analysis — 23 Rodney St
New Bedford, MA 02744
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 2-unit multi-family in 02744 carries an estimated $2,690/mo in gross rent — about a 4.07% cap rate and $20,352/yr in estimated NOI at the $500,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,743
Style
Multi Family
Built
1904
Welcome to this charming two-family home ideally located near New Bedford’s desirable Harbor Walk! Offering a fantastic opportunity for owner-occupants, extended families, or investors, this well-appointed property features a total of three bedrooms, generous closet storage, and walk-in closets providing plenty of space and functionality.Each unit offers the added enjoyment of its own private, all-season sunroom—a versatile space perfect for relaxing, reading, entertaining, or simply enjoying the changing seasons. The property also boasts a beautiful backyard, offering a wonderful setting for outdoor gatherings, gardening, or hosting family and friends.Situated close to the Harbor Walk and the many attractions New Bedford has to offer, this property combines comfortable living with a desirable location and excellent two-family versatility. A great opportunity to own a multi-family home with inviting indoor and outdoor spaces!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Oven • Refrigerator
Geography
Listing Agent: Bonnie Braun
Listing Office: Freedom Realty Group LLC
MLS® Number: 73567981