45 Nelson St New Bedford — Photo 1 of 2
Recent Drop: $35,000
$80,000
Investment Analysis — 45 Nelson St
New Bedford, MA 02744
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a home in 02744 carries an estimated $1,170/mo in gross rent — about a 12.25% cap rate and $9,799/yr in estimated NOI at the $80,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
--
SqFt
--
Style
Residential
Built
--
Vacant lot offering redevelopment potential in an established residential neighborhood. The property previously contained a three-family structure consisting of approximately 3,240 square feet with three units, nine bedrooms, three full bathrooms, and off-street parking. Buyers to perform their own due diligence regarding zoning, permitted uses, building footprint, utilities, setbacks, environmental conditions, and any potential restrictions or requirements for redevelopment. No representations are made regarding the ability to rebuild, prior use conformity, or approvals. Property is being sold as-is, where-is, with no warranties or representations, expressed or implied.
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 MLS and other third-party data may be inaccurate or out of date.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
$80,000
Was $85,000
Sep 7, 2026
MLS® 73465849
$85,000
Was $90,000
Jun 17, 2026
MLS® 73465849
$90,000
Was $95,000
Apr 19, 2026
MLS® 73465849
$95,000
Was $100,000
Mar 6, 2026
MLS® 73465849
$100,000
Was $105,000
Feb 16, 2026
MLS® 73465849
$105,000
Was $115,000
Jan 31, 2026
MLS® 73465849
$115,000
Jan 6, 2026
MLS® 73465849
Listing Agent: Patrick Ryan
Listing Office: Ryan Realty Group LLC
MLS® Number: 73465849