Updated Two-Family
17 Social St, New Bedford, MA 02744
For Sale
$475,000
Residential Income, New Bedford, MA
Property Size2,048 SF
Lot Size0.07 Acres
Price / SF$231.93
Days on Market123
Property Features for 17 Social St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Keller Williams Realty
Listed By:
Scott Morris
(508) 238-5000
Added: Jul 8
Changed: Nov 6
Last Checked: Nov 7 at 4:06AM
MLS# 73546783
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.
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Investment Insights
Based on property information with market context.
This 2,048-square-foot duplex, built in 1906, contains two units with similar layouts. Each can be arranged as a three-bedroom residence with a living room, eat-in kitchen, and bathroom. Improvements include updated kitchens and bathrooms, laminate flooring, hot water tanks, gas heating systems, electrical panels, vinyl siding, and replacement windows.
The property at 17 Social St is near downtown New Bedford, restaurants, shops, a school, and New Bedford State Pier. Its 0.0675-acre lot includes a fenced backyard. The walk-up attic offers potential for expansion, while the basement has separate storage rooms. Zoning is RC.
The property at 17 Social St is near downtown New Bedford, restaurants, shops, a school, and New Bedford State Pier. Its 0.0675-acre lot includes a fenced backyard. The walk-up attic offers potential for expansion, while the basement has separate storage rooms. Zoning is RC.
Key Highlights
- Two units, each configurable with three bedrooms, a living room, eat‑in kitchen, and bathroom
- 2,048‑square‑foot building on 0.0675 acres
- Built in 1906; zoned RC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,439
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,780
$588.8K
Cap Rate 7%
$420,557
$420.6K
Cap Rate 9%
$327,100
$327.1K
Market Conditions
NOI Build-Up for 2,048 SF
Gross rent
$45.5K $22.20/SF
− Vacancy
−$3.4K −$1.67/SF
EGI
$42.1K $20.54/SF
− OpEx
−$12.6K −$6.16/SF
NOI
$29.4K $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 Rate 5%
$588,780
Cap Rate 7%
$420,557
Cap Rate 9%
$327,100
Alternative Uses
Best Use
Multifamily LT 5
$420.6K
$368.0K – $490.7K
NOI $29,439 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$386.1K
$337.8K – $450.5K
NOI $27,027 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$603.9K
$528.4K – $704.5K
NOI $42,271 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
674
Businesses Nearby
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Business Placement
Demographics for 02744, MA
13,055
Population
5,609
Households
2.3
Avg Household Size
35
Median Age
13%
College-Educated
72%
High-School Grad
1.3 sq mi
ZIP Area
10,042
Density / Sq Mi
$54,841
Median Household Income
$36,799
Median Earnings
$1,133
Median Rent
$344,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in New Bedford, MA
Properties on Market for Duplexes in New Bedford
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two comparable unit layouts offer three-bedroom configurations with living rooms and eat-in kitchens.
Where is this duplex located?
The property is located at 17 Social St New Bedford, MA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two units, each configurable with three bedrooms, a living room, eat‑in kitchen, and bathroom; 2,048‑square‑foot building on 0.0675 acres; Built in 1906; zoned RC
