Investment Analysis — 115 Thompson St

New Bedford, MA 02740

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 3-unit multi-family in 02740 carries an estimated $4,990/mo in gross rent — about a 6.74% cap rate and $40,415/yr in estimated NOI at the $600,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,532

Style

3 Family

Built

1896

Welcome to this well-maintained three-family property offering flexibility for both owner-occupants and investors. Each unit has been thoughtfully cared for, reflecting true pride of ownership throughout. The first floor features 3 bedrooms, 1 bathroom, and a private back deck—perfect for enjoying outdoor space. The second floor also offers 3 bedrooms and 1 bathroom and will be delivered vacant, providing an excellent opportunity for immediate occupancy or market-rate rental income. The third-floor unit includes 2 bedrooms and 1 bathroom, completing this versatile income-producing property. Conveniently located near local amenities, shopping, dining, and major routes, this is an outstanding opportunity to expand your portfolio or offset your mortgage with rental income. Don't miss your chance to own this solid New Bedford investment!

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 MLS and other third-party data may be inaccurate or out of date.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.