Two-Family Residential
For Sale
$518,000
Pending
107 Robeson St, New Bedford, MA 02740
MULTI_FAMILY - New Bedford, MA
Property Size2,565 SF
Lot Size0.04 Acres
Days on Market118
Property Features for 107 Robeson St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RB
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1
Directions
Please use GPS
Standard status
Pending
APN
M:0071 L:0371,2895132
Size
2,565 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5100
Building Details
Year built
1899
Floors in Building
3
Number of units
2
Listing Agency:
RE/MAX Vantage · RE/MAX International
(774) 992-0297
Listed By:
Eddie Lopez
(508) 999-4424
Added: Apr 17
Changed: Aug 3
Last Checked: Aug 12 at 12:06PM
MLS# 73503494
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 building offers flexible living and rental configuration options. The first-floor unit is arranged with two bedrooms, while the second-floor unit features a larger four-bedroom cottage-style layout for additional space and versatility. The property is delivered vacant at closing, allowing buyers to occupy, rent, or reconfigure the space to fit their needs.
Zoned RB, the home sits on a 0.0438-acre lot at 107 Robeson St in New Bedford, Massachusetts (02740). Built in 1899, the property includes multiple bedrooms and three bathrooms as part of the overall two-unit layout.
With its two distinct unit configurations and vacant delivery, the building may suit buyers looking for an owner-occupant setup, a long-term rental approach, or a customized reconfiguration based on how they want to use the two floors.
Zoned RB, the home sits on a 0.0438-acre lot at 107 Robeson St in New Bedford, Massachusetts (02740). Built in 1899, the property includes multiple bedrooms and three bathrooms as part of the overall two-unit layout.
With its two distinct unit configurations and vacant delivery, the building may suit buyers looking for an owner-occupant setup, a long-term rental approach, or a customized reconfiguration based on how they want to use the two floors.
Key Highlights
- Two‑family home with first‑floor two‑bedroom unit and second‑floor four‑bedroom cottage‑style layout
- Delivered vacant at closing for owner‑occupant or rental use
- Zoned RB
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,871
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$737,420
$737.4K
Cap Rate 7%
$526,729
$526.7K
Cap Rate 9%
$409,678
$409.7K
Market Conditions
NOI Build-Up for 2,565 SF
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.
Gross rent
$56.9K $22.20/SF
− Vacancy
−$4.3K −$1.67/SF
EGI
$52.7K $20.54/SF
− OpEx
−$15.8K −$6.16/SF
NOI
$36.9K $14.37/SF
Area
New Bedford, MA
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$737,420
Cap Rate 7%
$526,729
Cap Rate 9%
$409,678
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
Explore this area
Business Placement
Demographics for 02740, MA
45,166
Population
20,532
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
77%
High-School Grad
5.7 sq mi
ZIP Area
7,924
Density / Sq Mi
$54,563
Median Household Income
$39,310
Median Earnings
$1,052
Median Rent
$303,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-family home zoned RB, built in 1899, and delivered vacant at closing.
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: Two‑family home with first‑floor two‑bedroom unit and second‑floor four‑bedroom cottage‑style layout; Delivered vacant at closing for owner‑occupant or rental use; Zoned RB
