17 Social St New Bedford, MA 02744
MULTI_FAMILY - New Bedford, MA
Property Features for 17 Social St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RC
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 5, Bathroom 2
- Standard status
- Active
- APN
- 2884567
- Size
- 2,048 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5165
Building Details
- Year built
- 1906
- Floors in Building
- 2
- Number of units
- 2
Listing agent Scott Morris (508) 238-5000
Listing office Keller Williams Realty 574 Washington Street, South Easton, MA (508) 238-5000
Listing date Jul 8, 2026
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Investment Insights
Based on property information with market context.
Each unit has a similar layout and can be configured as a three-bedroom arrangement with a living room, eat-in kitchen, and a modern bathroom. The property also includes a walk-up attic and a basement with separate storage rooms, along with a fenced exterior backyard.
Located close to downtown New Bedford and near local amenities, restaurants, shops, schools, and the New Bedford State Pier, the home offers convenient access to everyday services.
Key Highlights
- Updated 2‑family home built in 1906 with a layout that can be used as 3‑bedroom units
- Newer kitchens and bathrooms, laminate flooring, and vinyl replacement windows
- Gas heating systems plus newer hot water tanks
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.5k | $22.20 |
| − Vacancy | −$3.4k | −$1.67 |
| EGI | $42.1k | $20.54 |
| − OpEx | −$12.6k | −$6.16 |
| NOI | $29.4k | $14.37 |
