5 Tallman Ln, New Bedford, MA 02740
MULTI_FAMILY - New Bedford, MA
- Added:
- Apr 22, 2026
- Days on Market:
- 52
- Last Refresh:
- Jun 12 at 2:06 am
Property Features for 5 Tallman Ln
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MUB
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 7, Bathroom 2, Bedroom 1, Bedroom 9, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 8
- Parking
- 6
- Standard status
- Active
- APN
- M:0037 L:0276,2888460
- Size
- 3,132 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6374
Building Details
- Year built
- 1882
- Floors in Building
- 3
- Number of units
- 3
Listing agent Eddie Lopez (508) 999-4424
Listing office RE/MAX Vantage 77 State Road, Boston, MA (774) 992-0297
Listing date Apr 22, 2026
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.
HighLights
- Three‑family home built in 1882 in New Bedford
- Three spacious units, each with three bedrooms
- 2 bathroom and 3 bathroom details plus multiple bedroom listings across the home
- Central heat throughout
- Located on a private street near highways, grocery stores, churches, and local amenities
Overview
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 | $69.5k | $22.20 |
| − Vacancy | −$5.2k | −$1.67 |
| EGI | $64.3k | $20.54 |
| − OpEx | −$19.3k | −$6.16 |
| NOI | $45.0k | $14.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.924106
- Latitude
- 41.626673
