192 Walnut St, New Bedford, MA 02740
MULTI_FAMILY - New Bedford, MA
- Added:
- Jan 24, 2025
- Days on Market:
- 504
- Last Refresh:
- Jun 12 at 4:06 am
Property Features for 192 Walnut St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RC
- Bedrooms
- 10
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 7, Bedroom 4, Bedroom 8, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 9, Bedroom 1, Bathroom 1, Bedroom 10
- Standard status
- Active
- APN
- M:0046 L:0149,2890699
- Size
- 2,443 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3822
Building Details
- Year built
- 1879
- Floors in Building
- 5
- Number of units
- 10
Listing agent Eddie Lopez (508) 999-4424
Listing office RE/MAX Vantage 77 State Road, Boston, MA (774) 992-0297
Listing date Jan 24, 2025
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Rooming house built in 1879 with 10 rooms across 3 levels
- 3 bathrooms serving the 10‑room layout
- Seven rooms include individual ovens
- All rooms have private sinks and cabinetry
- Property is fully insulated for energy efficiency and year‑round comfort
- Each room is equipped with its own minisplit
Overview
The building is for sale in New Bedford, Massachusetts. The listed address is 192 Walnut St, within Bristol County.
This configuration is well-suited for an owner seeking a multi-room setup where tenants have in-room amenities. With dedicated heating and cooling via individual minisplits and practical in-room utilities like sinks and cabinetry, the layout supports straightforward tenant use across all rooms. The fully insulated construction also provides a more controlled indoor environment through the year.
Local Financial Insights For Apartment 5plus
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 | $63.0k | $25.80 |
| − Vacancy | −$4.4k | −$1.81 |
| EGI | $58.6k | $23.99 |
| − OpEx | −$26.4k | −$10.80 |
| NOI | $32.2k | $13.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.925794
- Latitude
- 41.631633
