Investment Analysis — 17 Social St

New Bedford, MA 02744

Based on rent reported on the MLS listing, a 2-unit multi-family in 02744 carries $2,400/mo in gross rent — about a 3.52% cap rate and $16,723/yr in estimated NOI at the $475,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,048

Style

Multi Family

Built

1906

Clean and well-maintained 2-family situated close to downtown New Bedford, and conveniently located near many amenities, restaurants, shops, school, and New Bedford State Pier. This property has been updated with newer kitchens, bathrooms, laminate flooring, hot water tanks, gas heating systems, and electrical panels. There is low maintenance exterior vinyl siding and vinyl replacement windows. Each unit's layout is similar and can be utilized as a 3-bedroom unit with a living room, eat-in-kitchen, and modern bathroom. Potential to expand in the walk-up attic, basement with separate storage rooms, and fenced exterior backyard offers ample space for entertaining. This is a great opportunity, and there's not much else for the new owner to do here.

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 MLS and other third-party data may be inaccurate or out of date.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.