Excellent opportunity for owner-occupants and investors alike! This well-maintained two-family property features two spacious units. First floor has two bedrooms and one full bathroom, while the second floor boasts three bedrooms and one full bath, with the possibility of a cottage style setup in the unfinished attic. The vacant second-floor unit has been recently renovated with a new kitchen, updated bathroom, new flooring, updated electrical, and efficient electric baseboard heat. Brand-new kitchen appliances will convey, making the unit move-in ready for its next owner or tenant. The first-floor unit is occupied by a long-term tenant, providing immediate rental income. Additional highlights include a detached one-car garage and a convenient New Bedford location with easy access to shopping, dining, schools, and major routes. Whether you're looking to offset your mortgage with rental income or expand your investment portfolio, 195 Grinnell Street presents an outstanding opportunity.