382-384 West Clinton St, New Bedford, MA 02740
Well-maintained duplex with two matching 2-bedroom units, fenced yard, garage, and solar generation via common meter.
- Added:
- Jun 3, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 5 at 2:06 am
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 agent Stephen Medeiros (774) 473-9150
Listing office Keller Williams Realty (774) 473-9150
Listing date Jun 3, 2026
Source Alliancepartnersre
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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
- Partially finished walk‑up attic and enclosed porch add additional usable space
- Fully fenced‑in backyard plus 1‑car garage
- Seller‑owned solar panels generate 10+ MWh per year via the common meter
Overview
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.
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 | $59.0k | $22.20 |
| − Vacancy | −$4.4k | −$1.67 |
| EGI | $54.5k | $20.54 |
| − OpEx | −$16.4k | −$6.16 |
| NOI | $38.2k | $14.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.944272
- Latitude
- 41.6298486
