Two-Family Home with Flexible
107 Robeson St New Bedford, MA 02740
For Sale
$518,000
Vacant-at-closing two-family property with a 2-bedroom first unit and a larger 4-bedroom second-floor unit.
Property Size2,565 SF
Price / SF$201.95
Days on Market102
Property Features for 107 Robeson St
General Information
- Standard status
- Active
- Size
- 2,565 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1899
Listing Agency:
Coldwell Banker Realty - Boston
(978) 578-5013
Listed By:
Chris Bernier
(978) 578-5013
Source:
Churchillprop
Added: Apr 17
Changed: Jul 22
Last Checked: Jul 23 at 3:30AM
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 Coldwell Banker Realty - Boston
Investment Insights
Based on property information with market context.
This two-family home offers two separate living units with flexible layout options. The first-floor unit includes 2 bedrooms, while the second-floor unit features a larger cottage-style configuration with 4 bedrooms. The property is being delivered vacant at closing, providing buyers with the ability to occupy one unit and rent the other or adjust the setup to better fit their needs.
The property is located at 107 Robeson St in New Bedford, Massachusetts.
The property is located at 107 Robeson St in New Bedford, Massachusetts.
Key Highlights
- Vacant‑at‑closing two‑family property—ready for an owner‑occupant, rental, or reconfiguration at closing
- First‑floor unit offers a 2‑bedroom layout
- Second‑floor unit features a larger 4‑bedroom cottage‑style layout
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 | $56.9k | $22.20 |
| − Vacancy | −$4.3k | −$1.67 |
| EGI | $52.7k | $20.54 |
| − OpEx | −$15.8k | −$6.16 |
| NOI | $36.9k | $14.37 |
2,565 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$526.7K
$460.9K – $614.5K
NOI $36,871 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$483.6K
$423.1K – $564.2K
NOI $33,850 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$756.3K
$661.8K – $882.4K
NOI $52,942 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Vacant-at-closing two-family property with a 2-bedroom first unit and a larger 4-bedroom second-floor unit.
Where is this duplex located?
The property is located at 107 Robeson St New Bedford, MA.
What is the asking price?
The asking price for this property is $518,000.
What are key features of this property?
This property features: Vacant‑at‑closing two‑family property—ready for an owner‑occupant, rental, or reconfiguration at closing; First‑floor unit offers a 2‑bedroom layout; Second‑floor unit features a larger 4‑bedroom cottage‑style layout
