81 Thompson St., New Bedford, MA 02740
Well-maintained three-unit property near beaches and amenities.
- Added:
- Apr 9, 2026
- Days on Market:
- 67
- Last Refresh:
- Apr 20 at 6:51 pm
Property Features for 81 Thompson St.
General Information
- Standard status
- Active
- Size
- 2,472 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1920
Listing agent The stevedoug.com Team (617) 212-9598
Listing office LAER Realty Partners (617) 212-9598
Listing date Apr 9, 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 LAER Realty Partners
HighLights
- Income property opportunity with three 2‑bedroom units.
- Updated kitchens and baths.
- Off‑street parking.
- Fenced‑in yard.
- Close proximity to local beaches and ocean.
- Roof is 7‑8 years old.
Overview
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 | $54.9k | $22.20 |
| − Vacancy | −$4.1k | −$1.67 |
| EGI | $50.8k | $20.54 |
| − OpEx | −$15.2k | −$6.16 |
| NOI | $35.5k | $14.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.9278731
- Latitude
- 41.6213323
