77 Dartmouth St, New Bedford, MA 02740
Three 3-bedroom units with recent major updates, plus a gutted basement with a legal bathroom for potential additional housing.
- Added:
- Jun 1, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 6 at 5:37 am
Property Features for 77 Dartmouth St
General Information
- Standard status
- Active
- Size
- 3,641 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1882
Listing agent Team ROVI (413) 213-3472
Listing office Real Broker MA, LLC (413) 213-3472
Listing date Jun 1, 2026
Source Lockandkeyre
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 Real Broker MA, LLC
HighLights
- Expansive multi‑unit property built in 1882 featuring three 3‑bedroom units
- Recent major updates in the last 5 years: 44 new windows, new roof, new boilers (1st & 2nd floors), and three new water heaters
- Full renovations to the 1st, 2nd, and 3rd floors, with the 2nd floor delivered vacant at $2,200
- Leases: 1st floor $2,200 and 3rd floor $1,500 leased through December
- Gutted basement includes a legal bathroom, offering potential for a possible fourth unit (see plans in photos)
- 4‑car driveway and a spacious backyard
Overview
The property includes a 4-car driveway and a spacious backyard. A standout feature is the gutted basement, which includes a legal bathroom and is presented with plans in the photos as a possible fourth unit.
For tenants, this configuration supports straightforward, multi-unit living with multiple full-bath options on the upper floor. For an owner-occupant or investor, the building’s current income profile includes the 1st floor leased through December and the 3rd floor leased through December, while the 2nd floor will be delivered vacant at the listed market rent, enabling an immediate market-rate opportunity or owner use. The property is being marketed as ready to rent following the recent updates.
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 | $80.8k | $22.20 |
| − Vacancy | −$6.1k | −$1.67 |
| EGI | $74.8k | $20.54 |
| − OpEx | −$22.4k | −$6.16 |
| NOI | $52.3k | $14.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.9316837
- Latitude
- 41.6251011
