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    Fully Vacant Three-Family Building

    1272 Pleasant St New Bedford, MA 02740

    New
    1272 Pleasant St, New Bedford, MA, 02740
    $539,999
    For Sale
    Claim this Listing
    $539,999

    MULTI_FAMILY - New Bedford, MA

    Property Size1,842 SF
    Lot Size0.08 Acres
    Price / SF$293.16
    AddedJul 13
    Days on Market2
    Last RefreshJul 14 at 2:06 pm

    Property Features for 1272 Pleasant St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    MUB
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bathroom 1, Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 1
    Standard status
    Active
    APN
    M:0072 L:0029,2895190
    Size
    1,842 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4351

    Building Details

    Year built
    1890
    Floors in Building
    3
    Number of units
    3

    Listing agent Eddie Lopez

    Listing office RE/MAX Vantage 77 State Road, Boston, MA

    Listing date Jul 13, 2026

    MLS# 73548845 Listing URL

    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.

    1272 Pleasant St is a fully vacant three-family building configured with each unit offering two bedrooms and one bathroom. Updates include maintenance-free vinyl siding, three brand-new boilers, and updated electrical and plumbing throughout. A camera system is also installed for security.

    The property includes a paved yard. The site presents potential for a full driveway with a curb cut, subject to applicable approvals.

    Zoning is listed as MUB. The property is offered for sale in New Bedford, Massachusetts.

    Key Highlights

    • Fully vacant 3‑family building built in 1890 with all units offering 2 bedrooms and 1 bathroom each
    • Updates include maintenance‑free vinyl siding
    • Includes 3 brand‑new boilers

    Local Financial Insights For Multifamily LT 5

    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 $40.9k $22.20
    − Vacancy −$3.1k −$1.67
    EGI $37.8k $20.54
    − OpEx −$11.3k −$6.16
    NOI $26.5k $14.37
    1,842 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $378.3K
    $331.0K – $441.3K (±1% cap)
    NOI $26,478 @ 7.0% cap · market cap 4.90%
    Second Best
    Apartment 5plus
    $347.3K
    $303.9K – $405.1K (±1% cap)
    NOI $24,308 @ 7.0% cap · market cap 4.50%
    Theoretical Best
    Office A
    $543.1K
    $475.2K – $633.7K (±1% cap)
    NOI $38,019 @ 7.0% cap · market cap 7.04%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Skin Care Clinic Computer & Electronic Repair Home Appliance Store Acupuncture (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Kitchen & Bath Showroom Nursing Home Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Triplex - Fully vacant three-family building with two-bedroom, one-bath units and recent mechanical, electrical, and plumbing updates.
    Where is this triplex located?
    The property is located at 1272 Pleasant St New Bedford, MA.
    What is the asking price?
    The asking price for this property is $539,999.
    What are key features of this property?
    This property features: Fully vacant 3‑family building built in 1890 with all units offering 2 bedrooms and 1 bathroom each; Updates include maintenance‑free vinyl siding; Includes 3 brand‑new boilers
    Contact an agent
    (508) 999-4424
    We can help!
    Contact an agent
    Eddie Lopez
    Eddie Lopez
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