69 Delano St, New Bedford, MA 02744
MULTI_FAMILY - New Bedford, MA
- Added:
- Jul 7, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 7 at 9:06 pm
Property Features for 69 Delano St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RC
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3
- Standard status
- Active
- APN
- M:0025 L:0157,2886272
- Size
- 1,656 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4025
Building Details
- Year built
- 1893
- Floors in Building
- 2
- Number of units
- 1
Listing agent Eddie Lopez (508) 999-4424
Listing office RE/MAX Vantage 77 State Road, Boston, MA (774) 992-0297
Listing date Jul 7, 2026
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 1893 with two separate units
- Each unit offers 2 bedrooms and 1 full bathroom
- Units include a bright living room and an eat‑in kitchen
- Well‑maintained property suitable for owner‑occupants or investors
Overview
The home is located in New Bedford, Massachusetts, at 69 Delano St. Zoning is listed as RC. The property is described as conveniently located near shopping, restaurants, schools, parks, and beaches, with easy access for commuters.
From a tenant and operational standpoint, the consistent unit configuration can simplify leasing and day-to-day management, with the same basic room mix in both apartments. For buyers considering either living in one unit or holding both units as a rental, the two-bedroom, one-bath arrangement provides a clear fit for households that want dedicated living spaces and an eat-in kitchen layout. The overall design supports a residential income strategy without requiring specialized configurations beyond the existing two-family structure.
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 | $36.8k | $22.20 |
| − Vacancy | −$2.8k | −$1.67 |
| EGI | $34.0k | $20.54 |
| − OpEx | −$10.2k | −$6.16 |
| NOI | $23.8k | $14.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.922077
- Latitude
- 41.619143
