235 Tremont St New Bedford — Photo 1 of 23
$299,800
Investment Analysis — 235 Tremont St
New Bedford, MA 02740
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 2-bedroom in 02740 carries an estimated $1,470/mo in gross rent — about a 3.36% cap rate and $10,075/yr in estimated NOI at the $299,800 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,020
Style
Single Family
Built
1912
Discover the charm of 235 Tremont Street in the heart of New Bedford, MA. A delightful single-family residence spanning 1020 square feet with an additional finished bonus room in the basement. This inviting home is ready for you to move in and begin your next chapter. The center of this home is undoubtedly the kitchen, thoughtfully designed with a central island, perfect for culinary endeavors and casual gatherings. With two bedrooms, one full bathroom, and an additional half bathroom, this residence offers comfortable living spaces. Beyond the interior, the property boasts a private yard, providing a serene escape for outdoor enjoyment. Imagine the possibilities this charming property offers. Located in close proximity to Buttonwood Park, Downtown New Bedford, St. Luke's Hospital, highways, and many amenities. Schedule your viewing today to experience it firsthand.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 510 sq ft (the lesser of 900 sq ft or half the 1,020 sq ft principal dwelling). Lot size: 2,949 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl BasementListing Agent: Mia Holland
Listing Office: LPT Realty - Home & Key Group
MLS® Number: 73569887
