Two-Family Residential Income
300 Maxfield New Bedford, MA 02740
300 Maxfield, New Bedford, MA, 02740
$565,000
For Sale
$565,000
Two-unit duplex features separate layouts across one- and multi-level spaces, including shared outdoor recreation areas.
Property Size1,785 SF
Price / SF$316.53
Days on Market10
Property Features for 300 Maxfield
General Information
- Standard status
- Active
- Size
- 1,785 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1879
Listing agency
RE/MAX Vantage
(508) 951-4104
Listed by
Team ROSO · License #452508574
(508) 951-4104
Source
Iverty
Added: Jul 13 Updated: Jul 21 at 10:05AM Checked: Jul 22 at 5:18AM
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
Investment Insights
Based on property information with market context.
This two-family duplex offers two distinct residential units with separate floor plan configurations. The first-floor unit includes a one-bedroom layout with a generously sized kitchen and comfortable living area. The second unit features a cottage-style design spanning the second and third levels, with four bedrooms, one full bath, and a living room.
Both units include large kitchens with ample cabinet and counter space. The property also includes outdoor amenities with a large fenced-in backyard, an above-ground pool, and a fishpond, providing additional on-site recreation space.
The home has a recently placed new roof. The property is powered by leased solar panels. The duplex is described as being conveniently located close to shopping, dining, schools, and major commuter routes.
Both units include large kitchens with ample cabinet and counter space. The property also includes outdoor amenities with a large fenced-in backyard, an above-ground pool, and a fishpond, providing additional on-site recreation space.
The home has a recently placed new roof. The property is powered by leased solar panels. The duplex is described as being conveniently located close to shopping, dining, schools, and major commuter routes.
Key Highlights
- Two‑family duplex built in 1879 with separate layouts across one- and multi‑level spaces
- First‑floor unit: 1 bedroom with a spacious kitchen and comfortable living area
- Second unit spans the 2nd and 3rd levels with 4 bedrooms, 1 full bath, and a large living room
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 | $39.6k | $22.20 |
| − Vacancy | −$3.0k | −$1.67 |
| EGI | $36.7k | $20.54 |
| − OpEx | −$11.0k | −$6.16 |
| NOI | $25.7k | $14.37 |
1,785 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$366.5K
$320.7K – $427.6K
NOI $25,658 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$336.5K
$294.5K – $392.6K
NOI $23,556 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$526.3K
$460.5K – $614.0K
NOI $36,842 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-unit duplex features separate layouts across one- and multi-level spaces, including shared outdoor recreation areas.
Where is this duplex located?
The property is located at 300 Maxfield New Bedford, MA.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Two‑family duplex built in 1879 with separate layouts across one- and multi‑level spaces; First‑floor unit: 1 bedroom with a spacious kitchen and comfortable living area; Second unit spans the 2nd and 3rd levels with 4 bedrooms, 1 full bath, and a large living room
