28-30 George St, New Bedford, MA 02744
Two spacious units with separate utilities, off-street parking, and six total bedrooms for flexible owner or tenant use.
- Added:
- Jun 8, 2026
- Days on Market:
- 29
- Last Refresh:
- Jun 11 at 1:59 am
Property Features for 28-30 George St
General Information
- Standard status
- Active
- Size
- 2,326 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1909
Listing office RE/MAX Vantage (774) 520-7433
Listing date Jun 8, 2026
Source Lockandkeyre
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 RE/MAX Vantage
HighLights
- Two‑family home built in 1909 with 6 total bedrooms and 2 full baths
- Each unit has separate utilities for flexible owner‑occupant or tenant use
- Off‑street parking plus a manageable yard
- South End location near beaches, parks, schools, shopping, public transportation, and major highways
Overview
Located in New Bedford’s South End at 28-30 George St, the property is described as convenient to beaches, parks, schools, shopping, public transportation, and major highways. That combination supports a tenant-friendly setting with multiple nearby daily necessities and commuting options.
From a practical standpoint, the layout supports an owner-occupant who wants to live in one unit while renting the other, or a buyer seeking to operate the home as a residential income property. Because both units are laid out as independent spaces with separate utilities, the property can accommodate a range of occupancy and management preferences. Schedule a private showing to review the configuration and unit details firsthand.
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 | $51.6k | $22.20 |
| − Vacancy | −$3.9k | −$1.67 |
| EGI | $47.8k | $20.54 |
| − OpEx | −$14.3k | −$6.16 |
| NOI | $33.4k | $14.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.917414
- Latitude
- 41.6125264
