New Construction Duplex with
16 Washburn Street New Bedford, MA 02740
16 Washburn Street, New Bedford, MA, 02740
$799,900
For Sale
$799,900
2026-completed duplex with 8 bedrooms, 3 bathrooms, and a large off-street parking area.
Property Size2,850 SF
Price / SF$280.67
Days on Market139
Property Features for 16 Washburn Street
General Information
- Standard status
- Active
- Size
- 2,850 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 2026
Listing agency
Redlon Realty LLC
Listed by
Adam Walorz
(617) 680-0690
Source
Inrealtyinc
Added: Mar 4 Updated: Jul 20 at 7:39PM Checked: Jul 21 at 8:53AM
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 Redlon Realty LLC
Investment Insights
Based on property information with market context.
Built with 2026 completion, this newly constructed duplex at 16 Washburn Street offers a total of 8 bedrooms and 3 bathrooms. The property includes a 3-bedroom, 1-bath unit and a 5-bedroom, 2-bath townhouse-style unit, with space identified for an additional kitchen. Interior features include fully applianced units, a full laundry room, and individual heating and cooling for each bedroom.
Externally, the duplex has a fully vinyl-sided exterior and includes a sizable off-street parking lot out back, along with a green backyard.
The duplex is described as having split-in-unit layouts and high-end finishing details such as slow-close cabinets and specified shower and window features, designed to support a functional owner-occupied or investment setup.
Externally, the duplex has a fully vinyl-sided exterior and includes a sizable off-street parking lot out back, along with a green backyard.
The duplex is described as having split-in-unit layouts and high-end finishing details such as slow-close cabinets and specified shower and window features, designed to support a functional owner-occupied or investment setup.
Key Highlights
- 2026 completed 3,000 SF duplex with 8 bedrooms and 3 bathrooms
- Includes off‑street parking lot out back and a green backyard
- Flexible layout: (1) 3 bed / 1 bath unit plus (1) 5 bed / 2 bath townhouse‑style unit with space for an additional 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 | $63.3k | $22.20 |
| − Vacancy | −$4.7k | −$1.67 |
| EGI | $58.5k | $20.54 |
| − OpEx | −$17.6k | −$6.16 |
| NOI | $41.0k | $14.37 |
2,850 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$585.2K
$512.1K – $682.8K
NOI $40,967 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$537.3K
$470.1K – $626.9K
NOI $37,611 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$840.3K
$735.3K – $980.4K
NOI $58,824 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - 2026-completed duplex with 8 bedrooms, 3 bathrooms, and a large off-street parking area.
Where is this duplex located?
The property is located at 16 Washburn Street New Bedford, MA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 2026 completed 3,000 SF duplex with 8 bedrooms and 3 bathrooms; Includes off‑street parking lot out back and a green backyard; Flexible layout: (1) 3 bed / 1 bath unit plus (1) 5 bed / 2 bath townhouse‑style unit with space for an additional kitchen
