Triplex with Three-Story
For Sale
$635,000
Pending
78 Nash Rd, New Bedford, MA 02746
Nine-bedroom configuration with three full bathrooms across a three-story multifamily residence.
Property Size3,066 SF
Lot Size0.08 Acres
Days on Market64
Property Features for 78 Nash Rd
General Information
Standard status
Pending
Size
3,066 SF
Lot size
0.08 Acres
Property subtype
3 Family
Building Details
Year Built
1912
Stories
3
Listing Agency:
Keller Williams South Watuppa
(508) 677-3233
Listed By:
Ryan Lombard
(508) 863-6799
Source:
Lockandkeyre
Added: Aug 3
Changed: Oct 4
Last Checked: Oct 4 at 9:58AM
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 Keller Williams South Watuppa
Investment Insights
Based on property information with market context.
This triplex at 78 Nash Rd is a 3,066-square-foot multifamily residence constructed in 1912. The three-story layout includes nine bedrooms and three full bathrooms, with one bathroom located on each story. The property combines a substantial interior footprint with a compact 3,611-square-foot lot, creating a residential income asset with a defined exterior area.
Located in New Bedford, Massachusetts, the property is identified by the address 78 Nash Rd, New Bedford, MA 02746. Its three-story configuration, bedroom count, and bathroom distribution provide the primary physical characteristics for evaluating the residence.
Located in New Bedford, Massachusetts, the property is identified by the address 78 Nash Rd, New Bedford, MA 02746. Its three-story configuration, bedroom count, and bathroom distribution provide the primary physical characteristics for evaluating the residence.
Key Highlights
- Triplex with 3,066 square feet of living area
- Nine distinct bedrooms
- 3 full bathrooms distributed across 3 stories
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,072
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$881,440
$881.4K
Cap Rate 7%
$629,600
$629.6K
Cap Rate 9%
$489,689
$489.7K
Market Conditions
NOI Build-Up for 3,066 SF
Gross rent
$68.1K $22.20/SF
− Vacancy
−$5.1K −$1.67/SF
EGI
$63.0K $20.54/SF
− OpEx
−$18.9K −$6.16/SF
NOI
$44.1K $14.37/SF
Area
New Bedford, MA
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$881,440
Cap Rate 7%
$629,600
Cap Rate 9%
$489,689
Alternative Uses
Best Use
Multifamily LT 5
$629.6K
$550.9K – $734.5K
NOI $44,072 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$578.0K
$505.8K – $674.4K
NOI $40,461 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$904.0K
$791.0K – $1.05M
NOI $63,282 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
Explore this area
Business Placement
Demographics for 02746, MA
17,355
Population
7,640
Households
2.3
Avg Household Size
33
Median Age
10%
College-Educated
67%
High-School Grad
2.8 sq mi
ZIP Area
6,198
Density / Sq Mi
$41,023
Median Household Income
$33,472
Median Earnings
$1,100
Median Rent
$324,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Nine-bedroom configuration with three full bathrooms across a three-story multifamily residence.
Where is this triplex located?
The property is located at 78 Nash Rd New Bedford, MA.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Triplex with 3,066 square feet of living area; Nine distinct bedrooms; 3 full bathrooms distributed across 3 stories
