Two-Family Residential
105 Thompson St New Bedford, MA 02740
105 Thompson St, New Bedford, MA, 02740
$529,777
Pending
For Sale
$529,777
Pending
Two-unit home with four levels of living space, 6 bedrooms, and 4 full bathrooms.
Property Size2,152 SF
Days on Market15
Property Features for 105 Thompson St
General Information
- Standard status
- Pending
- Size
- 2,152 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1897
Listing agency
Vicente Realty, LLC
(508) 944-3144
Listed by
Adelino Vicente
(508) 944-3144
Source
Iverty
Added: Jul 9 Updated: Jul 22 at 2:36PM Checked: Jul 23 at 5:13AM
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 Vicente Realty, LLC
Investment Insights
Based on property information with market context.
This two-family residential property offers four levels of living space and a total of 6 bedrooms and 4 full bathrooms. Each unit provides a functional layout with generous living areas designed to support comfortable day-to-day use.
The home is offered for sale as a versatile owner-occupant or investor option. The configuration also suits multi-generational living needs, with separate units within the same building.
With its straightforward two-unit setup and overall bedroom and bathroom count, the property presents an opportunity for buyers seeking a duplex-style arrangement in a single structure.
The home is offered for sale as a versatile owner-occupant or investor option. The configuration also suits multi-generational living needs, with separate units within the same building.
With its straightforward two-unit setup and overall bedroom and bathroom count, the property presents an opportunity for buyers seeking a duplex-style arrangement in a single structure.
Key Highlights
- Two‑family home built in 1897 with four levels of living space
- Total of 6 bedrooms across both units
- Total of 4 full bathrooms across both units
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 | $47.8k | $22.20 |
| − Vacancy | −$3.6k | −$1.67 |
| EGI | $44.2k | $20.54 |
| − OpEx | −$13.3k | −$6.16 |
| NOI | $30.9k | $14.37 |
2,152 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$441.9K
$386.7K – $515.6K
NOI $30,934 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$405.7K
$355.0K – $473.3K
NOI $28,399 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$634.5K
$555.2K – $740.3K
NOI $44,417 @ 7.0% cap · market cap 8.38%
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-unit home with four levels of living space, 6 bedrooms, and 4 full bathrooms.
Where is this duplex located?
The property is located at 105 Thompson St New Bedford, MA.
What is the asking price?
The asking price for this property is $529,777.
What are key features of this property?
This property features: Two‑family home built in 1897 with four levels of living space; Total of 6 bedrooms across both units; Total of 4 full bathrooms across both units