MUB-Zoned
New
For Sale
$655,499
866 Brock Ave, New Bedford, MA 02744
Residential Income, New Bedford, MA
Property Size3,864 SF
Lot Size0.07 Acres
Price / SF$169.64
Days on Market3
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Property Features for 866 Brock Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MUB
Bedrooms
9
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 1, Bedroom 6, Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 2, Bedroom 7, Bedroom 8, Bathroom 2, Bathroom 3, Bedroom 9, Bedroom 5
Directions
use GPS
Standard status
Active
APN
M:0013 L:0100,2884151
Size
3,864 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5926
Building Details
Year built
1909
Floors in Building
3
Number of units
3
Listing Agency:
RE/MAX Vantage · RE/MAX International
(774) 992-0297
Listed By:
Eddie Lopez
(508) 999-4424
Added: Oct 13
Changed: Oct 14
Last Checked: Oct 15 at 1:06PM
MLS# 73590144
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.
This triplex at 866 Brock Ave in New Bedford contains 3,864 square feet and nine bedrooms. Built in 1909, the property sits on a 0.0674-acre lot and is zoned MUB.
Key Highlights
- Triplex property with 3,864 square feet
- Nine bedrooms
- MUB zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,543
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,110,860
$1.1M
Cap Rate 7%
$793,471
$793.5K
Cap Rate 9%
$617,144
$617.1K
Market Conditions
NOI Build-Up for 3,864 SF
Gross rent
$85.8K $22.20/SF
− Vacancy
−$6.4K −$1.67/SF
EGI
$79.3K $20.54/SF
− OpEx
−$23.8K −$6.16/SF
NOI
$55.5K $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%
$1,110,860
Cap Rate 7%
$793,471
Cap Rate 9%
$617,144
Alternative Uses
Best Use
Multifamily LT 5
$793.5K
$694.3K – $925.7K
NOI $55,543 @ 7.0% cap · market cap 8.47%
Second Best
Apartment 5plus
$728.5K
$637.4K – $849.9K
NOI $50,992 @ 7.0% cap · market cap 7.78%
Theoretical Best
Office A
$1.14M
$996.9K – $1.33M
NOI $79,753 @ 7.0% cap · market cap 12.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
Explore this area
Business Placement
Demographics for 02744, MA
13,055
Population
5,609
Households
2.3
Avg Household Size
35
Median Age
13%
College-Educated
72%
High-School Grad
1.3 sq mi
ZIP Area
10,042
Density / Sq Mi
$54,841
Median Household Income
$36,799
Median Earnings
$1,133
Median Rent
$344,800
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
Frequently Asked Questions
What type of property is this?
Triplex - The multifamily property contains nine bedrooms across 3,864 square feet in New Bedford.
Where is this triplex located?
The property is located at 866 Brock Ave New Bedford, MA.
What is the asking price?
The asking price for this property is $655,499.
What are key features of this property?
This property features: Triplex property with 3,864 square feet; Nine bedrooms; MUB zoning
