151-153 Clara St, New Bedford, MA 02744
MULTI_FAMILY - New Bedford, MA
- Added:
- Jun 15, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 16 at 7:06 pm
Property Features for 151-153 Clara St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RB
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 2, Bedroom 1
- Parking
- 5
- Standard status
- Active
- APN
- M:0012 L:0106,2883936
- Size
- 2,648 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5104
Building Details
- Year built
- 1922
- Floors in Building
- 2
- Number of units
- 2
Listing agent Clifford Ponte License #9554597 (508) 677-3233
Listing office Keller Williams South Watuppa 275 Martine Street, Unit 109, Fall River, MA (508) 677-3233
Listing date Jun 15, 2026
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.
HighLights
- Two‑family property built in 1922 with two units, each featuring 3 bedrooms
- High ceilings, ceiling fans, and generous living space in each unit
- Roof is approximately 4 years old; one‑car garage has a new roof and a brand‑new garage door
- Finished basement adds extra space for an office, gym, playroom, or entertaining
- Off‑street parking with a driveway
- Some appliances will convey with the sale
Overview
The property is located at 151-153 Clara St in New Bedford, Massachusetts, and sits on a 0.1003-acre lot. Off-street parking is available via a driveway, and the property includes a one-car garage. The garage has a new roof and a brand-new garage door, and the roof is approximately four years old.
With two units and an owner-occupant friendly layout, this property is suited for buyers looking to live in one unit while generating rental income from the other. The listing notes tenants at will are actively looking for housing, and the overall condition and added basement flexibility support a range of household and operational needs.
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 | $58.8k | $22.20 |
| − Vacancy | −$4.4k | −$1.67 |
| EGI | $54.4k | $20.54 |
| − OpEx | −$16.3k | −$6.16 |
| NOI | $38.1k | $14.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.910904
- Latitude
- 41.608539
