52 Ashley St New Bedford, MA 02744
MULTI_FAMILY - New Bedford, MA
- Added:
- May 26, 2026
- Days on Market:
- 47
- Last Refresh:
- Jul 11 at 1:06 pm
Property Features for 52 Ashley St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RC
- Bedrooms
- 12
- Bathrooms
- 6
- Rooms
- Bedroom 7, Bathroom 2, Bedroom 11, Bedroom 1, Bathroom 3, Bedroom 10, Bathroom 4, Bathroom 5, Bedroom 9, Bedroom 4, Bedroom 2, Bathroom 6, Bedroom 6, Bedroom 5, Bedroom 12, Bathroom 1, Bedroom 3, Bedroom 8
- Standard status
- Active
- APN
- M:0014 L:0007,2884232
- Size
- 4,842 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6269
Building Details
- Year built
- 1910
- Floors in Building
- 5
- Number of units
- 5
Listing agent Eddie Lopez (508) 999-4424
Listing office RE/MAX Vantage 77 State Road, Boston, MA (774) 992-0297
Listing date May 26, 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.
Investment Insights
Based on property information with market context.
The property is located in New Bedford’s South End and is described as a high-demand rental area near the waterfront, beaches, and local South End amenities. It’s also presented as being close to public transit and commuter access points, supporting broad tenant appeal.
For investors, the current profile fits buyers seeking established income with a straightforward value-add component. The separately metered utilities can help simplify billing and operations, while the noted exterior durability supports lower maintenance expectations. Overall, it’s well suited for portfolio expansion or for an operator looking to improve one unit while maintaining the performance of the remaining apartments.
Key Highlights
- 5‑unit income‑producing property in New Bedford’s South End with year built 1910.
- Four units are described as well maintained with solid tenant history, plus one unit for cosmetic updates.
- Separately metered utilities.
Local Financial Insights For Apartment 5plus
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 | $124.9k | $25.80 |
| − Vacancy | −$8.7k | −$1.81 |
| EGI | $116.2k | $23.99 |
| − OpEx | −$52.3k | −$10.80 |
| NOI | $63.9k | $13.20 |
