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    145 State St New Bedford, MA 02740

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    For Sale
    $574,999

    Well-maintained three-family property near downtown, highways, and local amenities.

    Lot size:
    0.09 Acres

    Property Features for 145 State St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1873

    Source: RE/MAX Vantage Agent Tiffany Vieira

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Bedford Three-Family Property

    The property at 145 State St, New Bedford, is a well-maintained three-family residential building. It features a total of 7 bedrooms and generates a gross rental income of $46,200 annually. Each unit has separate utilities. Long-term tenants are currently in place. The exterior of the building is finished with low-maintenance vinyl siding. Off-street parking is available. The property is conveniently located near downtown New Bedford, highways, and local amenities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery 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
    -70.930326
    Latitude
    41.6464056

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    FAQs

    What type of property is this?
    Triplex - Well-maintained three-family property near downtown, highways, and local amenities.
    Where is this triplex located?
    The property is located at 145 State St New Bedford, MA.
    What is the asking price?
    The asking price for this property is $574,999.
    What are key features of this property?
    This property features: - Gross annual rental income of $46,200.; - Well-maintained three-family property.; - Separate utilities for each unit.
    (508) 496-4055
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    145 State St New Bedford, MA 02740
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    New Bedford, MA 02740
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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
    145 State St New Bedford, MA 02740
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