133 State St New Bedford — Photo 1 of 42
$799,900
Investment Analysis — 133 State St
New Bedford, MA 02740
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 3-unit multi-family in 02740 carries an estimated $5,430/mo in gross rent — about a 5.30% cap rate and $42,428/yr in estimated NOI at the $799,900 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
5
SqFt
4,774
Style
3 Family
Built
1871
VERSATILE 3-UNIT INVESTMENT OPPORTUNITY! This newly renovated multifamily property offers modern finishes throughout, with all three units vacant and ready for a new owner to occupy, lease, or customize to their needs. New plumbing top to the bottom, which includes all new PVC drains and all new pex water lines. Brand new 1st Floor Mini Splits. Two brand new gas fired boilers and three brand new hot water tanks. Unit 1 features 4 bedrooms and 2 bathrooms, Unit 2 offers 3 bedrooms and 2 bathrooms, and Unit 3 includes 2 bedrooms and 1 bathroom. With a flexible layout and strong unit mix, this property offers excellent potential for investors or owner-occupants. Conveniently located near Clasky Commons, local shops, restaurants, markets, and everyday amenities, with easy access to Downtown New Bedford, the historic waterfront, Route 18, Route 140, and Route 195. Close to museums, New Bedford Whaling National Historical Park, public transportation, UMass Dartmouth’s New Bedford campus, Southcoast Health, and surrounding South Coast communities. Approximately 30 minutes to Providence and convenient to Cape Cod.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$799,900
Sep 10, 2026
MLS® 73575548
$239,900
May 31, 2010
MLS® 71027287
$239,900
Feb 1, 2010
MLS® 71027287
Listing Agent: Kyle Seyboth
Listing Office: Century 21 The Seyboth Team
MLS® Number: 73575548