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Three-Family Residential Income

10 Viall Street New Bedford, MA 02744

10 Viall Street, New Bedford, MA, 02744
$710,000
For Sale
$710,000

Well-maintained three-family home with separate units and convenient access to schools, transit, amenities, and highway.

Property Size3,319 SF
Price / SF$213.92
Days on Market91

Property Features for 10 Viall Street

General Information

Standard status
Active
Size
3,319 SF
Property subtype
Multi-family / 3 Family

Building Details

Year Built
1895
Listing agency Centurion Realty Group, LLC
Listed by Dilma Moreno Soares · License #9572719
Source Compass
Added: Apr 22 Updated: Jul 21 at 5:33AM Checked: Jul 21 at 5:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Centurion Realty Group, LLC


Investment Insights

Based on property information with market context.

This well-maintained three-family home at 10 Viall Street features multiple residential units described as well cared for. The property is presented as a comfortable, low-maintenance option for occupancy by tenants or owners, with each unit maintained for day-to-day livability.

The home is positioned for everyday convenience, with proximity to schools, public transportation, and local amenities. The remarks also note convenient highway access, nearby beaches, and access to New Harbor Walk, where harbor views are referenced.

Additional transit context is provided in the form of a stated distance to Whale’s Tooth T-Station, described as the southernmost stop on the new MBTA line, approximately 2.2 highway miles from the property.

Key Highlights

  • 3‑family home built in 1895 with separate units and total of 3 full bathrooms
  • Interior upgrades include upgraded cabinets and countertops, remodeled interior, open floorplan, and living/dining/kitchen areas
  • Insulated windows and storm windows; storm doors; wood and tile flooring throughout

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 $73.7k $22.20
− Vacancy −$5.5k −$1.67
EGI $68.2k $20.54
− OpEx −$20.4k −$6.16
NOI $47.7k $14.37
3,319 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$681.6K
$596.4K – $795.2K (±1% cap)
NOI $47,709 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$625.7K
$547.5K – $730.0K (±1% cap)
NOI $43,800 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$978.6K
$856.3K – $1.14M (±1% cap)
NOI $68,504 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Dental Office Law Firm HVAC Service Kitchen & Bath Showroom Garden Center (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

FAQs

What type of property is this?
Triplex - Well-maintained three-family home with separate units and convenient access to schools, transit, amenities, and highway.
Where is this triplex located?
The property is located at 10 Viall Street New Bedford, MA.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: 3‑family home built in 1895 with separate units and total of 3 full bathrooms; Interior upgrades include upgraded cabinets and countertops, remodeled interior, open floorplan, and living/dining/kitchen areas; Insulated windows and storm windows; storm doors; wood and tile flooring throughout
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