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INVESTMENT SNAPSHOT
About this property
Strong 3-family opportunity in the North end of New Bedford, offering great condition, updated systems, off-street parking for tenants, and clear upside for investors and owner-occupants. This well-maintained multi-family property features two 2-bedroom units plus a 1-bedroom third-floor unit, creating a flexible unit mix with room for rent growth. The first-floor unit stands out with forced hot air and central A/C, adding comfort that is hard to find in comparable properties. Major updates include plumbing and electrical within the past 12 years, plus hot water tanks replaced in 2022 and 2023, helping support a more turnkey ownership experience. Added income potential with coin-op laundry in the basement. Located less than 1 mile from the Church St T station and close to Brooklawn Park, Riverside Park, highway access, shopping, dining, and amenities, this property offers the convenience today’s tenants want. A solid multi-family investment in a strong commuter location.
Property details
| Units | 3 |
| Living area | 1,791 sqft |
| Lot size | 2,705 sqft |
| Year built | 1908 |
| Price / sqft | $307 |
| County | Bristol |
| MLS # | 73504299 |
Listing status
| Days on market | 28 days |
| Listed on | April 20, 2026 |
Taxes & financials
| Annual property tax | $5,066 |
| Tax year | 2025 |
| Assessed value | $447,900 |
| Zoning | RC |
| Gross income (actual) | $54,000/yr |
| Net operating income (actual) | $54,000/yr |
| Total actual rent | $3,300/mo |
Building & lot
| Stories | 3 |
| Total rooms | 10 |
| Lot size | 0.06 acres |
| Garage spaces | 0 |
| Parking spaces | 5 |
| Parking | Paved Drive, Off Street, Common, Paved |
| Basement | Full, Sump Pump, Concrete, Unfinished |
| Foundation | Block, Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Varies, Hardwood |
Utilities & systems
| Heating | Forced Air, Natural Gas |
| Cooling | Central Air, None |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup |
| Appliances | Range, Refrigerator |
Location
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Listing courtesy of RE/MAX Vantage — Bradford Thelin. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 188 Belleville Rd, New Bedford MA 02745 have?
It is a 3-unit multi-family property with 1,791 sqft of living area, built in 1908.
How long has 188 Belleville Rd, New Bedford MA 02745 been on the market?
188 Belleville Rd, New Bedford MA 02745 has been listed for 28 days (since April 20, 2026).
What is the estimated cap rate on this 3-family in New Bedford?
Based on area median rents, the estimated cap rate is about 6.4%, with a Signal Score of 95/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $549,000 across 3 units, that works out to roughly $183,000 per unit.
What are the property taxes on 188 Belleville Rd, New Bedford MA 02745?
Annual property taxes are $5,066 (2025), on an assessed value of $447,900.
What is the price per square foot?
At $549,000 for 1,791 sqft, that's about $307 per square foot.
Is there parking?
5 total parking spaces (paved drive, off street, common, paved).
Where is this property located?
188 Belleville Rd, New Bedford MA 02745 is in New Bedford, Bristol County, MA 02745.
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