Two-Family Residential Income
101 Linden St New Bedford, MA 02740
101 Linden St, New Bedford, MA, 02740
$450,000
For Sale
$450,000
Two separate units each offer two bedrooms and one full bathroom with living room and kitchen space.
Property Size1,900 SF
Price / SF$236.84
Days on Market9
Property Features for 101 Linden St
General Information
- Standard status
- Active
- Size
- 1,900 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1895
Listing Agency
RE/MAX Impact
(774) 320-0393
Listed by
Benny Olmeda
(774) 320-0393
Source
Lockandkeyre
Added: Jul 13 Updated: Jul 19 at 2:29 am Checked: Jul 20 at 4:03 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Impact
Investment Insights
Based on property information with market context.
This two-family home provides two separate living spaces, with each unit featuring two bedrooms, one full bathroom, a spacious living room, and a well-appointed kitchen. The layout is designed to support everyday privacy and flexible use between tenants or occupants.
The property is located in New Bedford and offers convenient access to downtown, shopping, restaurants, schools, public transportation, and major highways.
With a straightforward duplex configuration and natural light throughout the living areas, the home is suited for a buyer seeking a residential income property with multiple separate units under one roof.
The property is located in New Bedford and offers convenient access to downtown, shopping, restaurants, schools, public transportation, and major highways.
With a straightforward duplex configuration and natural light throughout the living areas, the home is suited for a buyer seeking a residential income property with multiple separate units under one roof.
Key Highlights
- Two‑family home built in 1895 in New Bedford
- Each unit includes 2 bedrooms and 1 full bathroom
- Each unit offers a spacious living room and a well‑appointed kitchen
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 | $42.2k | $22.20 |
| − Vacancy | −$3.2k | −$1.67 |
| EGI | $39.0k | $20.54 |
| − OpEx | −$11.7k | −$6.16 |
| NOI | $27.3k | $14.37 |
1,900 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$390.2K
$341.4K – $455.2K
NOI $27,312 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$358.2K
$313.4K – $417.9K
NOI $25,074 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$560.2K
$490.2K – $653.6K
NOI $39,216 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate units each offer two bedrooms and one full bathroom with living room and kitchen space.
Where is this duplex located?
The property is located at 101 Linden St New Bedford, MA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑family home built in 1895 in New Bedford; Each unit includes 2 bedrooms and 1 full bathroom; Each unit offers a spacious living room and a well‑appointed kitchen
