50-52 Princeton St, New Bedford, MA 02745
MULTI_FAMILY - New Bedford, MA
- Added:
- Jun 29, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 30 at 8:06 pm
Property Features for 50-52 Princeton St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RB
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 8, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 7, Bedroom 6, Bathroom 4, Bathroom 1
- Standard status
- Active
- APN
- 2901365
- Size
- 3,818 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 6482
Building Details
- Year built
- 1909
- Number of units
- 4
Listing agent Eddie Lopez (508) 999-4424
Listing office RE/MAX Vantage 77 State Road, Boston, MA (774) 992-0297
Listing date Jun 29, 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
- 4‑family building built in 1909 with four floors of rental units
- First and second floors feature spacious 3‑bedroom, 1‑bath units
- Third and fourth floors feature 1‑bedroom units
- All units are lead certified and the landlord owns all appliances
- Located near Brooklawn Park and New Bedford amenities, including major highways, downtown waterfront, schools, and shopping
- Near South Coast Rail commuter service with direct access to Boston
Overview
The property is located at 50-52 Princeton St in New Bedford. Public remarks note proximity to Brooklawn Park, as well as parks, schools, shopping, major highways, and the downtown waterfront. The area also includes access to the new South Coast Rail commuter service, providing direct access to Boston. Zoning is listed as RB.
From an ownership and tenant-readiness standpoint, the building is described as lead certified, and appliances are owned by the landlord. With its established unit mix and maintained condition, the property is positioned for investors or operators looking for a turnkey residential income asset that already includes lead certification and landlord-provided appliances.
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 | $84.8k | $22.20 |
| − Vacancy | −$6.4k | −$1.67 |
| EGI | $78.4k | $20.54 |
| − OpEx | −$23.5k | −$6.16 |
| NOI | $54.9k | $14.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.926812
- Latitude
- 41.672571
