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    New Bedford Multi-Family Residence Title is generated by Realmo AI

    104-106 Belleville Rd, New Bedford, MA 02745

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    For Sale
    $949,900

    Multi-family residence with twelve bedrooms and five full bathrooms.

    Type:5+ Family - 5+ Units Side by Side
    Property size:
    4,878 SF
    Price / SF:
    $194/SF
    Added:
    Apr 15, 2026
    Days on Market:
    75
    Last Refresh:
    Apr 20 at 6:09 pm

    Property Features for 104-106 Belleville Rd

    General Information

    Standard status
    Active
    Size
    4,878 SF
    Property subtype
    5+ Family - 5+ Units Side by Side

    Building Details

    Year Built
    1912

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    Team ROSO

    Listing office RE/MAX Vantage

    Listing date Apr 15, 2026

    Source Lockandkeyre

    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 RE/MAX Vantage

    HighLights

    • Meticulously prepared for immediate occupancy.
    • Expansive multi‑family property with 4878 square feet of living area.
    • Features a total of twelve bedrooms and five full bathrooms.
    • First floor features a large living area with a double parlor and four spacious bedrooms.
    • Four additional units, each with two bedrooms, a living room, and a dining room.
    • Includes a one‑car garage.

    Overview

    Located at 104-106 Belleville Rd in New Bedford, this multi-family residence offers immediate occupancy. The property features 4,878 square feet of living area across three stories. The first floor includes a large living area with a double parlor and four spacious bedrooms. The remaining four units each have two bedrooms, a living room, and a dining room. In total, the property provides twelve bedrooms and five full bathrooms. A one-car garage is also included. The property has been maintained by the same owner for many years.

    Local Financial Insights For Apartment 5plus

    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 $125.9k $25.80
    − Vacancy −$8.8k −$1.81
    EGI $117.0k $23.99
    − OpEx −$52.7k −$10.80
    NOI $64.4k $13.20
    4,878 SF · lease $25.80/SF/yr · vacancy 7.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $919.6K
    $804.7K – $1.07M (±1% cap)
    NOI $64,374 @ 7.0% cap · market cap 6.78%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.44M
    $1.26M – $1.68M (±1% cap)
    NOI $100,682 @ 7.0% cap · market cap 10.60%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.926188
    Latitude
    41.6687001

    FAQs

    What type of property is this?
    Apartment building - Multi-family residence with twelve bedrooms and five full bathrooms.
    Where is this apartment building located?
    The property is located at 104-106 Belleville Rd New Bedford, MA.
    What is the asking price?
    The asking price for this property is $949,900.
    What are key features of this property?
    This property features: Meticulously prepared for immediate occupancy.; Expansive multi‑family property with **4878 square feet of living area.**; Features a total of **twelve bedrooms and five full bathrooms.**
    More about this property
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