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Spacious Three-Family Home

447 Ash St, New Bedford, MA 02740

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For Sale

$650,000

Well-maintained 3-family home near transportation and downtown.

Type:Investment

Property size:

3,078 SF

Price / SF:

$211/SF

HighLights

Excellent investment opportunity: Well‑maintained 3‑family home.
Convenient location: Less than 5 minutes to Commuter Rail, highway, and Downtown; 12 minutes to UMass Dartmouth.
Spacious: 3078 sq ft of living space with 8 bedrooms and 3 bathrooms.
Efficient heating: Hot water baseboard gas heat throughout the building.
Updated units: Second and third‑floor units feature recently updated kitchens and baths; third‑floor unit has refinished floors and fresh paint.
Functional outdoor space: Yard with storage shed and patio.

We can help!

Listing Contact

Stephen Medeiros

Learn more

For Sale

$650,000

Well-maintained 3-family home near transportation and downtown.

Type:Investment

Property size:

3,078 SF

Price / SF:

$211/SF

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 4:46 pm

Property Features for 447 Ash St

General Information

Standard status: Active
Size: 3,078 SF
Property subtype: Investment

Building Details

Year Built: 1912

We can help!

Listing Contact

Stephen Medeiros

Listing agent Stephen Medeiros

Listing office Keller Williams Realty

Listing date Apr 24, 2026

Source Elliman

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 Keller Williams Realty

HighLights

Excellent investment opportunity: Well‑maintained 3‑family home.
Convenient location: Less than 5 minutes to Commuter Rail, highway, and Downtown; 12 minutes to UMass Dartmouth.
Spacious: 3078 sq ft of living space with 8 bedrooms and 3 bathrooms.
Efficient heating: Hot water baseboard gas heat throughout the building.
Updated units: Second and third‑floor units feature recently updated kitchens and baths; third‑floor unit has refinished floors and fresh paint.
Functional outdoor space: Yard with storage shed and patio.

Overview

This expansive, well-maintained three-family home offers 3078 square feet of living space. The property includes a total of 8 bedrooms and 3 bathrooms. The building is heated with hot water baseboard gas heat. The first-floor unit features a kitchen, dining room, living room, 3 bedrooms, and a full bath. The second-floor unit includes 2 bedrooms, a recently updated kitchen, dining room, living room, and a recently updated bath. The third-floor unit features a kitchen with a new refrigerator, dining room, living room, 3 bedrooms, and a recently updated bath. The third-floor unit also boasts freshly refinished floors and a fresh coat of paint. The property includes a functional yard with a storage shed and patio. The large basement provides laundry hookups and abundant storage space. The property is located less than 5 minutes from the Commuter Rail, highway, and Downtown, and only 12 minutes from UMass Dartmouth. The bike score is 52, indicating it is bikeable. The walk score is 60, indicating it is somewhat walkable. The transit score is 34, indicating some transit options are available.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$68.3k	$22.20
− Vacancy	−$5.1k	−$1.67
EGI	$63.2k	$20.54
− OpEx	−$19.0k	−$6.16
NOI	$44.2k	$14.37

3,078 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$632.1K

$553.1K – $737.4K (±1% cap)

NOI $44,245 @ 7.0% cap · market cap 6.81%

Second Best

Apartment 5plus

$580.3K

$507.7K – $677.0K (±1% cap)

NOI $40,619 @ 7.0% cap · market cap 6.25%

Theoretical Best

Office A

$907.6K

$794.1K – $1.06M (±1% cap)

NOI $63,530 @ 7.0% cap · market cap 9.77%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: New Bedford
County: Bristol
State: Massachusetts
Longitude: -70.9366832
Latitude: 41.6401895

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For sale
Triplexes
MA
New Bedford
02740
447 Ash St

What type of property is this?

Triplex - Well-maintained 3-family home near transportation and downtown.

Where is this triplex located?

The property is located at 447 Ash St New Bedford, MA.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Excellent investment opportunity: Well‑maintained 3‑family home.; Convenient location: Less than 5 minutes to Commuter Rail, highway, and Downtown; 12 minutes to UMass Dartmouth.; Spacious: 3078 sq ft of living space with 8 bedrooms and 3 bathrooms.