North End Multi-Family
166 Clifford St, New Bedford, MA 02745
New
MULTI_FAMILY - New Bedford, MA
Property size:
3,330 SFLot size:
0.08 AcresPrice / SF:
$183/SF- Added:
- May 28, 2026
- Days on Market:
- 2
- Last Refresh:
- May 29 at 1:06 pm
Property Features for 166 Clifford St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RB
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 3, Bedroom 9, Bathroom 2, Bedroom 7, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 8
- Standard status
- Active
- APN
- M:0110 L:0246,2901205
- Size
- 3,330 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5726
Building Details
- Year built
- 1913
- Floors in Building
- 3
- Number of units
- 3
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 May 28, 2026
MLS# 73526256
Listing URL
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
- Gross annual income of $60,000 from three units.
- Located in the desirable North End, close to amenities, schools, parks, highway access, and downtown/waterfront.
- Three spacious units offer flexibility for investors or owner‑occupants.
- Strong cash‑flowing property suitable for investment portfolios.
- Opportunity for long‑term upside potential.
- Multi‑family property built in 1913 with 12 rooms (bedrooms and bathrooms).
Overview
This North End three-unit property offers size, income, and opportunity. Located at 166 Clifford Street, it features three spacious units with current rents of $1,800, $1,800, and $1,400, totaling $5,000 per month and $60,000 in gross annual income. It is a strong option for investors looking to add a cash-flowing property to their portfolio, or an owner-occupant looking for a large multi-family with rental support. The property is in a convenient North End location close to area amenities, schools, parks, highway access, and New Bedford's downtown and waterfront. The lot size is 0.0758 acres and the property size is 3,330 square feet. The property is zoned RB. It offers solid income, a solid location, and plenty of long-term upside. It may not qualify for all types of financing.
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 | $73.9k | $22.20 |
| − Vacancy | −$5.5k | −$1.67 |
| EGI | $68.4k | $20.54 |
| − OpEx | −$20.5k | −$6.16 |
| NOI | $47.9k | $14.37 |
3,330 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$683.8K
$598.3K – $797.8K
NOI $47,867 @ 7.0% cap · market cap 7.85%
Second Best
Apartment 5plus
$627.8K
$549.3K – $732.4K
NOI $43,945 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$981.9K
$859.1K – $1.15M
NOI $68,731 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.93129
- Latitude
- 41.671754
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit property in New Bedford with income and upside potential.
Where is this triplex located?
The property is located at 166 Clifford St New Bedford, MA.
What is the asking price?
The asking price for this property is $609,900.
What are key features of this property?
This property features: Gross annual income of $60,000 from three units.; Located in the desirable North End, close to amenities, schools, parks, highway access, and downtown/waterfront.; Three spacious units offer flexibility for investors or owner‑occupants.
