247 Ashley Blvd, New Bedford, MA 02746
MULTI_FAMILY - New Bedford, MA
- Added:
- Jun 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 247 Ashley Blvd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MUB
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 9, Bedroom 8, Bedroom 6, Bathroom 2, Bedroom 1, Bedroom 7, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 3, Bathroom 1
- Standard status
- Active
- APN
- M:0098 L:0032,2898979
- Size
- 3,513 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6469
Building Details
- Year built
- 1884
- Floors in Building
- 3
- Number of units
- 3
Listing agent Luis B Martins (508) 857-5392
Listing office RE/MAX Synergy 281 Pleasant Street, Brockton, MA (508) 857-5392
Listing date Jun 24, 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
- 3‑family home built in 1884
- Three 3‑bedroom units, each with its own kitchen and bath
- Each unit includes gas central heating
- Units 2 and 3 have been updated with modern finishes
- Property includes multiple bedrooms and three bathrooms listed for the home
Overview
Located at 247 Ashley Blvd in New Bedford, MA, the home is described as being in a convenient area with easy access to local amenities and transportation.
For buyers seeking a versatile owner-occupant or rental-focused setup, the layout supports multiple income-producing units while allowing flexibility in how the property can be occupied or managed. With gas central heating serving each unit and recent interior updates to two of the three apartments, it presents as a practical option for those looking to own a residential income property in New Bedford within the MUB zoning designation.
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 | $78.0k | $22.20 |
| − Vacancy | −$5.8k | −$1.67 |
| EGI | $72.1k | $20.54 |
| − OpEx | −$21.6k | −$6.16 |
| NOI | $50.5k | $14.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.930246
- Latitude
- 41.662098
