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    Two-Family Residential Income Property

    300 Maxfield New Bedford, MA 02740

    New
    300 Maxfield, New Bedford, MA, 02740
    $565,000
    For Sale
    Claim this Listing
    $565,000

    MULTI_FAMILY - New Bedford, MA

    Property Size1,785 SF
    Lot Size0.14 Acres
    Price / SF$316.53
    AddedJul 13
    Days on Market2
    Last RefreshJul 14 at 2:06 pm

    Property Features for 300 Maxfield

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RB
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1
    Parking
    2
    Standard status
    Active
    APN
    M57 0333,2892888
    Size
    1,785 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5102

    Building Details

    Year built
    1879
    Floors in Building
    3
    Number of units
    2

    Listing agent Eddie Lopez

    Listing office RE/MAX Vantage 77 State Road, Boston, MA

    Listing date Jul 13, 2026

    MLS# 73548925 Listing URL

    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.

    Investment Insights

    Based on property information with market context.

    This two-family residential income property includes a first-floor one-bedroom unit with a generously sized kitchen and comfortable living area, along with a second unit with a cottage-style layout spanning the second and third levels. The upper unit offers four bedrooms, one full bath, and a living room. Both units feature large kitchens with ample cabinet and counter space.

    The property includes a fenced backyard with an above-ground pool and a fishpond. A new roof was recently installed, and the home is powered by leased solar panels.

    Set on an RB-zoned lot, this duplex presents a straightforward two-tenant setup with separate unit layouts designed for everyday living.

    Key Highlights

    • Two‑family property built in 1879 with two separate units
    • First‑floor unit: 1 bedroom and 1 bathroom with a generously sized kitchen and living area
    • Second unit spans two levels with 4 bedrooms, 1 full bath, and a large living room

    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 $39.6k $22.20
    − Vacancy −$3.0k −$1.67
    EGI $36.7k $20.54
    − OpEx −$11.0k −$6.16
    NOI $25.7k $14.37
    1,785 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $366.5K
    $320.7K – $427.6K (±1% cap)
    NOI $25,658 @ 7.0% cap · market cap 4.54%
    Second Best
    Apartment 5plus
    $336.5K
    $294.5K – $392.6K (±1% cap)
    NOI $23,556 @ 7.0% cap · market cap 4.17%
    Theoretical Best
    Office A
    $526.3K
    $460.5K – $614.0K (±1% cap)
    NOI $36,842 @ 7.0% cap · market cap 6.52%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Parking Lot & Garage Computer & Electronic Repair (Bike/Boat/Book/etc) Store Grocery & Convenience Store Skin Care Clinic Cafe & Coffee Shop Bakery Tech Support Center Food Market (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Duplex - Two-unit residential property with a 1-bedroom first-floor unit and a 4-bedroom second-and-third-level unit.
    Where is this duplex located?
    The property is located at 300 Maxfield New Bedford, MA.
    What is the asking price?
    The asking price for this property is $565,000.
    What are key features of this property?
    This property features: Two‑family property built in 1879 with two separate units; First‑floor unit: 1 bedroom and 1 bathroom with a generously sized kitchen and living area; Second unit spans two levels with 4 bedrooms, 1 full bath, and a large living room
    Contact an agent
    (508) 999-4424
    We can help!
    Contact an agent
    Eddie Lopez
    Eddie Lopez
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