734-738 Brock Ave New Bedford, MA 02744
MULTI_FAMILY - New Bedford, MA
Property Features for 734-738 Brock Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Mix Res-Co
- Bedrooms
- 9
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 4, Bedroom 7, Bedroom 9, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 8, Bathroom 1, Bedroom 2
- Standard status
- Active
- APN
- M:0014 L:0233,2884397
- Size
- 4,305 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 7540
Building Details
- Year built
- 1906
- Floors in Building
- 4
- 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 Jul 15, 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 detached commercial building, formerly operated as a barber shop, is currently vacant. The property is zoned Mix Res-Co, supporting both residential and commercial use in one offering at 734-738 Brock Ave, New Bedford, MA 02744.
The combination of move-in-ready residential units and a second, standalone commercial structure makes the property useful for buyers seeking a straightforward mixed-use setup with two separate income streams.
Key Highlights
- Mixed‑use property with a three‑unit residential building plus a separate detached commercial building
- Year built: 1906
- First- and second‑floor residential units are vacant and recently refreshed with fresh paint, restored flooring, and new 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 | $95.6k | $22.20 |
| − Vacancy | −$7.2k | −$1.67 |
| EGI | $88.4k | $20.54 |
| − OpEx | −$26.5k | −$6.16 |
| NOI | $61.9k | $14.37 |
