Rare Investment Opportunity! Discover this multi-building property featuring two homes on one lot — a 3-family with spacious 3-bedroom units, and a 6-family consisting of four 2-bedroom units, one 3-bedroom, and one 1-bedroom. All 9 units are fully occupied with long-term tenants and separate utilities, ensuring easy management and steady cash flow. Located in New Bedford’s desirable North End, just minutes from highway access and only 4 minutes by car (or 25 minutes on foot) to the Church St. MBTA station to Boston, this property offers both convenience and appreciation potential. This property is perfect for investors looking to expand their portfolio or for an owner-occupant seeking income stability in a growing market. *** Group showing Saturday 11/29 11:30-12:30 ***
This home has been viewed 34 times
Last Checked: November 26th, 2025 at 6:48am (Source: MLS PIN #73448752)
Gross Income: $0
Gross Expenses: $10,976
Net Income Calc: $10,976
CAP Rate: -0.84%
Annual Expenses for 161 Deane St, New Bedford MA 02746
Total Gross Expenses (Calculated)$10,976/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$10,976
Annual Income & Unit Breakdown for 161 Deane St, New Bedford MA 02746
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit0
HeatingNo
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 161 Deane St, New Bedford MA 02746
Listing ID73448752
Property TypeMulti Family / 5+ Family
Price$1,299,000 ($151.98/SqFt)
Style5-9 Family
CityNew Bedford
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total8,547 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking2
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningMUB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 161 Deane St, New Bedford MA 02746
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceAppraiser
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 161 Deane St, New Bedford MA 02746
Real Estate Taxes$10,976
Tax Year2025
Assessed Value$970,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.84%
Location Information for 161 Deane St, New Bedford MA 02746
Elementary SchoolLincoln Elementary
Middle SchoolNormandin Middle School
High SchoolNbhs / Nbvt
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Park, Public Transportation, Sidewalks
Contact Information for 161 Deane St, New Bedford MA 02746