Three-Story Multi-Family
134 Bismark St New Bedford, MA 02745
New
134 Bismark St, New Bedford, MA, 02745
$600,000
For Sale
$600,000
Three-story multi-family home with a private yard and pool, offering flexible layout options including possible first-floor rental or in-law suite.
Property Size2,684 SF
Lot Size0.22 Acres
Price / SF$223.55
Days on Market3
Property Features for 134 Bismark St
General Information
- Standard status
- Active
- Size
- 2,684 SF
- Lot size
- 0.22 Acres
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1940
Listing Agency
Amaral & Associates RE
(508) 441-8027
Listed by
Jeffrey Perry
(508) 441-8027
Source
Thefirmreg
Added: Jul 19 Updated: Jul 20 at 2:39 am Checked: Jul 20 at 2:39 am
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 Amaral & Associates RE
Investment Insights
Based on property information with market context.
This three-story multi-family residence provides substantial interior living space and an open, tenant-friendly layout anchored by a kitchen with a central island connecting to the living room. The home also includes outdoor space with a private yard and a private pool, adding dedicated leisure amenities for occupants.
The property is presented for immediate occupancy and highlights versatility with the possibility of a first-floor rental or an in-law suite configuration. As a residential income asset, it offers multiple ways to think about day-to-day separation and use within the same building.
Overall, the combination of multi-story living, an open main floor plan, and private outdoor features can support a range of residential arrangements for qualified tenants or buyers seeking flexible income potential.
The property is presented for immediate occupancy and highlights versatility with the possibility of a first-floor rental or an in-law suite configuration. As a residential income asset, it offers multiple ways to think about day-to-day separation and use within the same building.
Overall, the combination of multi-story living, an open main floor plan, and private outdoor features can support a range of residential arrangements for qualified tenants or buyers seeking flexible income potential.
Key Highlights
- Three‑story multi‑family home on a 9,461 SF lot with a private yard and private pool
- 2,684 SF of living space
- Kitchen with a central island and open‑plan layout connected to the living room
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 | $59.6k | $22.20 |
| − Vacancy | −$4.5k | −$1.67 |
| EGI | $55.1k | $20.54 |
| − OpEx | −$16.5k | −$6.16 |
| NOI | $38.6k | $14.37 |
2,684 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$551.2K
$482.3K – $643.0K
NOI $38,581 @ 7.0% cap · market cap 6.43%
Second Best
Apartment 5plus
$506.0K
$442.8K – $590.3K
NOI $35,420 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$791.4K
$692.5K – $923.3K
NOI $55,398 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Three-story multi-family home with a private yard and pool, offering flexible layout options including possible first-floor rental or in-law suite.
Where is this duplex located?
The property is located at 134 Bismark St New Bedford, MA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Three‑story multi‑family home on a 9,461 SF lot with a private yard and private pool; 2,684 SF of living space; Kitchen with a central island and open‑plan layout connected to the living room
