INNOVATE
Real Estate
No photos available for this listing

$789,999

392-394 Shaw St, New Bedford MA 02745
New Bedford, MA 02745
Listed by Taylor Khoury
Bedrooms
8
Bathrooms
4
Living area
3,372 sqft
Year built
1910

About this home

Multi-Family Opportunity in the Heart of New Bedford! Perfectly located near the brand-new train station, this income-producing property is ready for its next owner to start cash flowing from day one. Featuring numerous recent upgrades throughout, this well-maintained multi-family home offers the ideal blend of modern updates and long-term investment potential. Each unit has been thoughtfully cared for, making this a true move-in-ready property for both investors and owner-occupants alike. Outside, enjoy a spacious backyard designed for entertaining, relaxing, or hosting summer gatherings. The property also includes two off-street parking spaces. An added highlight is the unfinished attic space, offering exciting potential for a possible 5th unit expansion or additional living space, subject to buyer due diligence and city approvals. This opens the door for even greater income potential and future value growth. Schedule your showing today!

Property details

MLS #
73523133
Property type
4 Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
May 22, 2026
Stories
6
Garage spaces
N/A
Lot size
0.09 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Abraham Lincoln
0.15 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
648
Student:teacher ratio
13.8:1
District
New Bedford
Middle
Normandin Middle School
0.76 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,112
Student:teacher ratio
13.6:1
District
New Bedford
HighCharter
Global Learning Charter Public School
0.81 mi away · Grades 5-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
504
Student:teacher ratio
11.5:1
District
Global Learning Charter Public (District)

Mortgage calculator

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Est. monthly payment
$4,907/mo
$158,000 down
$631,999 loan
Principal & interest$4,099
Property tax (est.)$658
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 29, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.