Remodeled Multi-Family
48 Bellevue Street Fairhaven, MA 02719
48 Bellevue Street, Fairhaven, MA, 02719
$525,000
For Sale
$525,000
Remodeled first floor with an updated boiler, featuring an open layout with a kitchen peninsula and bar.
Property Size1,738 SF
Price / SF$302.07
Days on Market133
Property Features for 48 Bellevue Street
General Information
- Standard status
- Active
- Size
- 1,738 SF
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1950
Listing agency
Lamacchia Realty, Inc.
(508) 677-3629
Listed by
Lori Camara · License #130732
(508) 677-3629
Source
Compass
Added: Mar 12 Updated: Jul 22 at 12:10AM Checked: Jul 22 at 12:10AM
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 Lamacchia Realty, Inc.
Investment Insights
Based on property information with market context.
Located at 48 Bellevue Street in Fairhaven, MA, this multi-family residence offers an open floor plan and a kitchen designed for everyday function. The culinary space includes a kitchen peninsula and a convenient kitchen bar, complemented by a backsplash and classic shaker-style cabinetry. A laundry room is located on the main bottom level, supporting in-home convenience.
Recent updates include a remodeled first floor and new boiler tops, helping round out the property’s current condition. The interior layout is positioned to work for either owner-occupancy or as an investment property, depending on how the buyer plans to use the home.
Recent updates include a remodeled first floor and new boiler tops, helping round out the property’s current condition. The interior layout is positioned to work for either owner-occupancy or as an investment property, depending on how the buyer plans to use the home.
Key Highlights
- Remodeled first floor with an open layout featuring a kitchen peninsula and kitchen bar
- Full, finished, walk‑out basement
- 2 full bathrooms
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 | $48.0k | $27.60 |
| − Vacancy | −$3.6k | −$2.07 |
| EGI | $44.4k | $25.53 |
| − OpEx | −$13.3k | −$7.66 |
| NOI | $31.1k | $17.87 |
1,738 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$443.7K
$388.3K – $517.7K
NOI $31,060 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$412.4K
$360.8K – $481.1K
NOI $28,865 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$1.06M
$926.1K – $1.23M
NOI $74,089 @ 7.0% cap · market cap 14.11%
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 - Remodeled first floor with an updated boiler, featuring an open layout with a kitchen peninsula and bar.
Where is this duplex located?
The property is located at 48 Bellevue Street Fairhaven, MA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Remodeled first floor with an open layout featuring a kitchen peninsula and kitchen bar; Full, finished, walk‑out basement; 2 full bathrooms
