New Bedford Two-Family
170-172 Adams Street, New Bedford, MA 02746
Two-family property in New Bedford with spacious units and parking.
Type:Multi-family / 2 Family - 2 Units Up/Down
Property size:
2,882 SFPrice / SF:
$196/SF- Added:
- Mar 30, 2026
- Days on Market:
- 65
- Last Refresh:
- Mar 30 at 8:05 pm
Property Features for 170-172 Adams Street
General Information
- Standard status
- Active
- Size
- 2,882 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1914
Listing agent The Mathew J. Arruda Group - MA (508) 965-8683
Listing office Compass (508) 965-8683
Listing date Mar 30, 2026
Source Compass
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 Compass
HighLights
- Two‑family property, ideal for investors or homeowners seeking rental income.
- Spacious units featuring two bedrooms, double parlors, and formal dining rooms.
- Finished third floor offers two bonus rooms and an additional living room.
- Private parking for at least two vehicles.
- Each unit boasts a private porch.
- Convenient location near amenities, schools, parks, and public transportation.
Overview
Located in New Bedford, MA, the property at 170-172 Adams Street is a two-family residential property. The building contains two spacious units, each featuring two bedrooms, double parlors, and formal dining rooms. A finished third floor includes two bonus rooms and an additional living room. Each unit has a private porch. The property provides private parking for at least two vehicles. A small yard and shed are located in the back. The property is located near local amenities, schools, parks, and public transportation.
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 | $64.0k | $22.20 |
| − Vacancy | −$4.8k | −$1.67 |
| EGI | $59.2k | $20.54 |
| − OpEx | −$17.8k | −$6.16 |
| NOI | $41.4k | $14.37 |
2,882 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$591.8K
$517.8K – $690.5K
NOI $41,427 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$543.3K
$475.4K – $633.9K
NOI $38,033 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$849.8K
$743.6K – $991.4K
NOI $59,484 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.9401207
- Latitude
- 41.6550825
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-family property in New Bedford with spacious units and parking.
Where is this duplex located?
The property is located at 170-172 Adams Street New Bedford, MA.
What is the asking price?
The asking price for this property is $564,900.
What are key features of this property?
This property features: Two‑family property, ideal for investors or homeowners seeking rental income.; Spacious units featuring two bedrooms, double parlors, and formal dining rooms.; Finished third floor offers two bonus rooms and an additional living room.
