Mixed-Use Triplex with Detached
734-738 Brock Ave New Bedford, MA 02744
734-738 Brock Ave, New Bedford, MA, 02744
$719,999
For Sale
$719,999
MULTI_FAMILY - New Bedford, MA
Property Size4,305 SF
Lot Size0.09 Acres
Price / SF$167.25
Days on Market9
Property Features for 734-738 Brock Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Mix Res-Co
- Bedrooms
- 9
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 9, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 7, Bedroom 4, Bedroom 8
- Standard status
- Active
- APN
- M:0014 L:0233,2884397
- Size
- 4,305 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 7540
Building Details
- Year built
- 1906
- Floors in Building
- 4
- Number of units
- 4
Listing agency
RE/MAX Vantage
(774) 992-0297
Listed by
Eddie Lopez
(508) 999-4424
Added: Jul 15 Updated: Jul 19 at 3:12AM Checked: Jul 23 at 5:06AM
MLS# 73550344
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 well-maintained mixed-use property features a three-unit residential building along with a separate detached commercial building. The first and second floor apartments are currently vacant and have been recently refreshed with fresh paint, restored flooring, and new appliances. The third-floor unit is occupied by a tenant at will, providing immediate income while allowing flexibility for future plans.
The detached commercial building, formerly operated as a barber shop, is currently vacant. The property is zoned Mix Res-Co, supporting both residential and commercial use in one offering at 734-738 Brock Ave, New Bedford, MA 02744.
The combination of move-in-ready residential units and a second, standalone commercial structure makes the property useful for buyers seeking a straightforward mixed-use setup with two separate income streams.
The detached commercial building, formerly operated as a barber shop, is currently vacant. The property is zoned Mix Res-Co, supporting both residential and commercial use in one offering at 734-738 Brock Ave, New Bedford, MA 02744.
The combination of move-in-ready residential units and a second, standalone commercial structure makes the property useful for buyers seeking a straightforward mixed-use setup with two separate income streams.
Key Highlights
- Mixed‑use property with a three‑unit residential building plus a separate detached commercial building
- Year built: 1906
- First- and second‑floor residential units are vacant and recently refreshed with fresh paint, restored flooring, and new appliances
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 | $95.6k | $22.20 |
| − Vacancy | −$7.2k | −$1.67 |
| EGI | $88.4k | $20.54 |
| − OpEx | −$26.5k | −$6.16 |
| NOI | $61.9k | $14.37 |
4,305 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$884.0K
$773.5K – $1.03M
NOI $61,882 @ 7.0% cap · market cap 8.59%
Second Best
Retail
$831.7K
$727.8K – $970.4K
NOI $58,221 @ 7.0% cap · market cap 8.09%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,855 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit residential building plus a separate detached commercial building, with first and second floor units vacant and refreshed.
Where is this triplex located?
The property is located at 734-738 Brock Ave New Bedford, MA.
What is the asking price?
The asking price for this property is $719,999.
What are key features of this property?
This property features: Mixed‑use property with a three‑unit residential building plus a separate detached commercial building; Year built: 1906; First- and second‑floor residential units are vacant and recently refreshed with fresh paint, restored flooring, and new appliances
