Two-Unit Duplex with Enclosed
382-384 West Clinton St New Bedford, MA 02740
For Sale
$625,000
Well-maintained duplex with two matching 2-bedroom units, fenced yard, garage, and solar generation via common meter.
Property Size2,656 SF
Price / SF$235.32
Days on Market52
Property Features for 382-384 West Clinton St
General Information
- Standard status
- Active
- Size
- 2,656 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1915
Listing Agency:
Keller Williams Realty
(774) 473-9150
Listed By:
Stephen Medeiros
(774) 473-9150
Source:
Alliancepartnersre
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 23 at 10:12AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This two-family duplex is well maintained and provides two matching layouts, each with a kitchen, dining room, living room, family room, and two bedrooms. Heating is provided by classic gas hot water cast iron radiator systems. The second-floor unit includes a lovely enclosed porch, and there is also a partially finished walk-up attic for additional flexible space. Outside, there is a fully fenced-in backyard and a convenient 1-car garage.
The property is located at 382-384 West Clinton St in New Bedford, Massachusetts. It is described as being just a few blocks from Buttonwood Park and St. Luke’s Hospital.
The configuration suits owner-occupants seeking a second unit for rental income, as well as investors looking for a straightforward duplex setup. The seller-owned solar panels produce 10+ MWh per year via a common meter, which may help offset operating costs for the property. With interior living space supporting two separate households and outdoor space plus garage storage, this home offers practical everyday functionality for tenants or an owner planning to reside on-site.
The property is located at 382-384 West Clinton St in New Bedford, Massachusetts. It is described as being just a few blocks from Buttonwood Park and St. Luke’s Hospital.
The configuration suits owner-occupants seeking a second unit for rental income, as well as investors looking for a straightforward duplex setup. The seller-owned solar panels produce 10+ MWh per year via a common meter, which may help offset operating costs for the property. With interior living space supporting two separate households and outdoor space plus garage storage, this home offers practical everyday functionality for tenants or an owner planning to reside on-site.
Key Highlights
- Well‑maintained two‑family (duplex) built in 1915 with 2 matching 2‑bedroom units
- Total 2,656 SF of living space; each unit includes kitchen, dining room, living room, and family room
- Gas hot water cast iron radiator heat
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 | $59.0k | $22.20 |
| − Vacancy | −$4.4k | −$1.67 |
| EGI | $54.5k | $20.54 |
| − OpEx | −$16.4k | −$6.16 |
| NOI | $38.2k | $14.37 |
2,656 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$545.4K
$477.2K – $636.3K
NOI $38,179 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$500.7K
$438.1K – $584.2K
NOI $35,050 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$783.1K
$685.3K – $913.7K
NOI $54,820 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex with two matching 2-bedroom units, fenced yard, garage, and solar generation via common meter.
Where is this duplex located?
The property is located at 382-384 West Clinton St New Bedford, MA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Well‑maintained two‑family (duplex) built in 1915 with 2 matching 2‑bedroom units; Total 2,656 SF of living space; each unit includes kitchen, dining room, living room, and family room; Gas hot water cast iron radiator heat
