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    Two-Family Residential Income Property Title is generated by Realmo AI

    28-30 George St, New Bedford, MA 02744

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    Claim this Listing
    New
    For Sale
    $549,900

    MULTI_FAMILY - New Bedford, MA

    Property size:
    2,326 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $236/SF
    Added:
    Jun 8, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 8 at 10:06 pm

    Property Features for 28-30 George St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RB
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 2
    Parking
    2
    Standard status
    Active
    APN
    M:0013 L:0019,2884087
    Size
    2,326 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4886

    Building Details

    Year built
    1909
    Floors in Building
    2
    Number of units
    2

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    Listing Contact
    Eddie Lopez
    Eddie Lopez

    Listing agent Eddie Lopez

    Listing office RE/MAX Vantage 77 State Road, Boston, MA

    Listing date Jun 8, 2026

    MLS# 73531889 Listing URL

    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.

    HighLights

    • Two‑family home built in 1909 in New Bedford’s South End
    • Total of 6 bedrooms and 2 full baths across both units
    • Separate utilities for each unit
    • Off‑street parking plus a manageable yard
    • Includes multiple rooms listed: 6 bedrooms and 2 full bathrooms

    Overview

    This well-maintained two-family home includes two separate residential units with a total of 6 bedrooms and 2 full bathrooms. The layout is described as providing spacious living areas, along with separate utilities for each unit. The property is paired with off-street parking and a manageable yard.

    Located in New Bedford’s South End, the home is presented as convenient to everyday destinations, including beaches, parks, schools, shopping, and public transportation. Access to major highways is also referenced as nearby, supporting straightforward commuting and travel.

    For buyers seeking an owner-occupant setup, the property’s two-unit configuration offers the option to live in one unit while renting the other. For investors, the same separation of units and utilities can support tenant-by-tenant management. With its residential income character, RB zoning designation, and practical site amenities like off-street parking, the home is positioned to serve a range of two-family ownership goals. Schedule a private showing to review the interior and unit details.

    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
    2,326 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $477.6K
    $417.9K – $557.3K (±1% cap)
    NOI $33,435 @ 7.0% cap · market cap 6.08%
    Second Best
    Apartment 5plus
    $438.5K
    $383.7K – $511.6K (±1% cap)
    NOI $30,696 @ 7.0% cap · market cap 5.58%
    Theoretical Best
    Office A
    $685.8K
    $600.1K – $800.2K (±1% cap)
    NOI $48,009 @ 7.0% cap · market cap 8.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.917462
    Latitude
    41.612536

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home offering spacious units, off-street parking, and yard space in a RB-zoned setting.
    Where is this duplex located?
    The property is located at 28-30 George St New Bedford, MA.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: Two‑family home built in 1909 in New Bedford’s South End; Total of 6 bedrooms and 2 full baths across both units; Separate utilities for each unit
    More about this property
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