Five-Unit Multi-Family
104-106 Belleville Rd New Bedford, MA 02745
104-106 Belleville Rd, New Bedford, MA, 02745
$849,900
For Sale
$849,900
MULTI_FAMILY - New Bedford, MA
Property Size4,878 SF
Lot Size0.10 Acres
Price / SF$174.23
Days on Market100
Property Features for 104-106 Belleville Rd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RC
- Bedrooms
- 12
- Bathrooms
- 5
- Rooms
- Bedroom 6, Bedroom 8, Bedroom 2, Bathroom 5, Bedroom 11, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 12, Bedroom 10, Bathroom 3, Bathroom 4, Bedroom 9, Bedroom 1, Bedroom 7, Bedroom 3
- Parking
- 4
- Standard status
- Active
- APN
- M:0106 L:0027
- Size
- 4,878 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5942
Building Details
- Year built
- 1912
- Floors in Building
- 5
- Number of units
- 5
Listing agency
RE/MAX Vantage
(774) 992-0297
Listed by
Eddie Lopez
(508) 999-4424
Added: Apr 15 Updated: Jul 11 at 6:30AM Checked: Jul 23 at 1:06AM
MLS# 73502534
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This five-unit multi-family residence is arranged across three stories and is set up for immediate occupancy. The first-floor unit features a large living area with a double parlor and four spacious bedrooms. The remaining four units are each configured with two bedrooms plus a living room and dining area. The property totals 4,878 square feet of living area, offering twelve bedrooms and five full bathrooms. A one-car garage is also included, and the home has been well maintained by the same owner for many years.
Located at 104-106 Belleville Rd in New Bedford, Massachusetts, the property is identified under zoning RC. The listing is for sale as a residential income property within Bristol County.
For tenants or investors seeking a straightforward, established rental configuration, this layout provides a larger first-floor unit alongside four consistent two-bedroom units. With tenants at will currently in place, the property may be suitable for buyers looking to take over occupancy immediately while maintaining an income-producing residential setup. The included garage adds practical on-site parking for residents.
Located at 104-106 Belleville Rd in New Bedford, Massachusetts, the property is identified under zoning RC. The listing is for sale as a residential income property within Bristol County.
For tenants or investors seeking a straightforward, established rental configuration, this layout provides a larger first-floor unit alongside four consistent two-bedroom units. With tenants at will currently in place, the property may be suitable for buyers looking to take over occupancy immediately while maintaining an income-producing residential setup. The included garage adds practical on-site parking for residents.
Key Highlights
- Multi‑family residence with 4878 SF of living area across three stories
- 12 bedrooms and 5 full bathrooms total
- Year built 1912
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $125.9k | $25.80 |
| − Vacancy | −$8.8k | −$1.81 |
| EGI | $117.0k | $23.99 |
| − OpEx | −$52.7k | −$10.80 |
| NOI | $64.4k | $13.20 |
4,878 SF · lease $25.80/SF/yr · vacancy 7.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$919.6K
$804.7K – $1.07M
NOI $64,374 @ 7.0% cap · market cap 7.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,682 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Five-unit residence with a one-car garage and spacious bedrooms, offered for immediate occupancy with tenants at will.
Where is this apartment building located?
The property is located at 104-106 Belleville Rd New Bedford, MA.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Multi‑family residence with 4878 SF of living area across three stories; 12 bedrooms and 5 full bathrooms total; Year built 1912
