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    161 Deane St New Bedford, MA 02746

    For Sale
    $1,299,000

    5-9 Family - New Bedford, MA

    Property size:
    8,547 SF
    Lot size:
    0.12 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 8 at 5:06 am

    Property Features for 161 Deane St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MUB
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    21
    Bathrooms
    9
    APN
    M:0098 L:0161,2899100
    Parking
    2
    Parking features
    Off Street, Paved or Surfaced
    Size
    8,547 SF
    Lot size
    0.12 Acres

    Building Details

    Year built
    1910
    Floors in Building
    3
    Number of units
    9
    Architectural style
    Other

    Keller Williams South Watuppa (508) 677-3233 [email protected]

    Listing agent Gary Castino (508) 677-3233

    Listing date Nov 25, 2025

    MLS# 73448752 Listing URL

    Copyright © 2025 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.

    Overview

    New Bedford Multi-Family Investment Opportunity

    This multi-building property features two homes on one lot. The first building is a 3-family home with spacious 3-bedroom units. The second building is a 6-family home consisting of four 2-bedroom units, one 3-bedroom unit, and one 1-bedroom unit. All 9 units are fully occupied with long-term tenants. The property features separate utilities for each unit, ensuring easy management and steady cash flow. Located in New Bedford’s desirable North End, the property is just minutes from highway access and a short distance from the Church St. MBTA station to Boston. The property is zoned MUB and situated on a 0.12-acre lot. The property is suitable for investors looking to expand their portfolio or for an owner-occupant seeking income stability in a growing market. The total property size is 8547 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.930284
    Latitude
    41.661068

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    FAQs

    What type of property is this?
    Apartment building - Multi-building property with 9 units, fully occupied, steady cash flow.
    Where is this apartment building located?
    The property is located at 161 Deane St New Bedford, MA.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: - Multi-building property featuring a 3-family and a 6-family home on one lot.; - All 9 units are fully occupied with long-term tenants, ensuring steady cash flow.; - Separate utilities for each unit.
    (508) 677-3233
    Request Owner's contact information
    161 Deane St New Bedford, MA 02746
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    161 Deane St New Bedford, MA 02746
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