Off Market

110 8th St, New Bedford, MA

New Bedford · MA 02740

$1,450,000
Price
8
Beds
8
Baths
4655
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1850
Units: 8 Units
Lot size: 4,927 Sq.Ft Lot
Price per square foot: $311 / Sq.Ft
Parking: 1 Off Street Space

About this home

Price Improvement ? Now Offered at $1,450,000. Projected gross rents of approximately $162,000 annually. Using a conservative 30% expense assumption, pro forma NOI is approximately $113,400, reflecting an estimated 7.8% cap rate at asking price and 11%+ gross yield. Essentially new construction 8-unit multifamily with separate utilities and high-efficiency all-electric systems throughout. Strong long-term hold opportunity in a supply-constrained rental market.

Neighborhood & Transit

110 8th St, New Bedford · MA 02740

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
288 days
Listing Price:
$1,450,000
Price per Sq.Ft:
$311
Tax Assessment:
$385,000 in 2025
Taxes:
$363 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
8
Half Bathrooms
0
Living Area
4,655 Sq.Ft
Broker Disclosure about Living Area
Buyer to verify all information and conduct due diligence
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4655
Flooring
Unknown
Lead paint
None

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Individually Metered, Other (See Remarks)

Exterior Features

Lot Size
4,927 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
1 Parking Space

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Derek Greene
Listing office
The Greene Realty Group
MLS PIN #
73469954
Disclosure
Buyer to verify all information and conduct due diligence