Historic Two-Unit Residential
2157 Acushnet Ave New Bedford, MA 02745
2157 Acushnet Ave, New Bedford, MA, 02745
$439,900
For Sale
$439,900
Two-story duplex offers two units with 1–2 bedroom flexibility and an additional room for varied home use.
Property Size2,264 SF
Lot Size0.17 Acres
Price / SF$194.30
Days on Market91
Property Features for 2157 Acushnet Ave
General Information
- Standard status
- Active
- Size
- 2,264 SF
- Lot size
- 0.17 Acres
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1888
Listing agency
Platinum Group Realty, Inc.
(508) 641-1963
Listed by
Judith Lima
(508) 641-1963
Source
Aucoinryanrealty
Added: Apr 23 Updated: Jul 22 at 11:14AM Checked: Jul 22 at 11:14AM
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 Platinum Group Realty, Inc.
Investment Insights
Based on property information with market context.
2157 Acushnet Ave presents a historic two-story, two-unit residential income property built in 1888. The home is arranged with a first-unit layout featuring one bedroom and the potential for a second bedroom. The upper unit includes two bedrooms plus an additional room that can be used for a home office, guest space, or other flexible needs.
The property sits on a 7,392 square foot lot and totals 2,264 square feet of living space. Designed for versatile living arrangements, it can support scenarios such as owner-occupancy with rental income from the second unit or investment ownership.
As described, the offering is positioned to appeal to buyers looking for adaptable unit configurations and opportunities to tailor space to their specific use needs.
The property sits on a 7,392 square foot lot and totals 2,264 square feet of living space. Designed for versatile living arrangements, it can support scenarios such as owner-occupancy with rental income from the second unit or investment ownership.
As described, the offering is positioned to appeal to buyers looking for adaptable unit configurations and opportunities to tailor space to their specific use needs.
Key Highlights
- Two‑story multi‑family duplex built in 1888 with 2,264 SF of living space
- 7,392 SF lot provides additional outdoor space
- First unit includes 1 bedroom with potential for a second bedroom
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 | $50.3k | $22.20 |
| − Vacancy | −$3.8k | −$1.67 |
| EGI | $46.5k | $20.54 |
| − OpEx | −$13.9k | −$6.16 |
| NOI | $32.5k | $14.37 |
2,264 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$464.9K
$406.8K – $542.4K
NOI $32,544 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$426.8K
$373.5K – $498.0K
NOI $29,877 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$667.6K
$584.1K – $778.8K
NOI $46,729 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Jack Conway & Co ...
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-story duplex offers two units with 1–2 bedroom flexibility and an additional room for varied home use.
Where is this duplex located?
The property is located at 2157 Acushnet Ave New Bedford, MA.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Two‑story multi‑family duplex built in 1888 with 2,264 SF of living space; 7,392 SF lot provides additional outdoor space; First unit includes 1 bedroom with potential for a second bedroom
