For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Two-Family Home with Private Entrance Title is generated by Realmo AI

    72 Walden St, New Bedford, MA 02740

    View on Map
    Claim this Listing
    For Sale
    $429,000

    Two-family layout with a private one-bedroom entrance, providing flexible living or rental options and a private backyard.

    Type:Multi Family
    Property size:
    1,649 SF
    Price / SF:
    $260/SF
    Added:
    Jun 16, 2026
    Days on Market:
    21
    Last Refresh:
    Jun 21 at 2:11 am

    Property Features for 72 Walden St

    General Information

    Standard status
    Active
    Size
    1,649 SF
    Property subtype
    Multi Family

    Building Details

    Year Built
    1876

    We can help!

    Contact an agent
    Layla Nunez

    Listing office Century 21 Signature Properties

    Listing date Jun 16, 2026

    Source Lockandkeyre

    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 Century 21 Signature Properties

    HighLights

    • Built in 1876, this two‑family home offers separate living for a front 3‑bedroom/1‑bath unit and a separate 1‑bedroom apartment.
    • Front home includes 3 bedrooms, 1 full bath, and a fireplace.
    • Separate 1‑bedroom apartment has its own private entrance.
    • Includes a private backyard for relaxing or entertaining.
    • Convenient to downtown New Bedford, shopping, restaurants, and the new South Coast Rail train station.
    • Sold as‑is; electricity and gas currently off in the first unit.

    Overview

    This two-family home offers the feel of a single-family residence with two distinct living spaces. The front unit includes three bedrooms, one full bathroom, and a cozy fireplace. The separate one-bedroom apartment has its own private entrance, supporting flexible use for extended family, guests, or rental arrangements. Outside, the property includes a private backyard for relaxing or entertaining.

    The home is conveniently located near downtown New Bedford, with nearby shopping and restaurants. It also sits close to the new South Coast Rail train station, which can support easier commuting.

    The property is being sold as-is. Electricity and gas are currently off in the first unit, so interested buyers should plan for utilities to be restored and verify service conditions during due diligence. With its separate entrances and self-contained apartment configuration, the home is well suited for buyers seeking multi-generational living or an income-producing setup.

    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 $36.6k $22.20
    − Vacancy −$2.7k −$1.67
    EGI $33.9k $20.54
    − OpEx −$10.2k −$6.16
    NOI $23.7k $14.37
    1,649 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $338.6K
    $296.3K – $395.1K (±1% cap)
    NOI $23,704 @ 7.0% cap · market cap 5.53%
    Second Best
    Apartment 5plus
    $310.9K
    $272.0K – $362.7K (±1% cap)
    NOI $21,761 @ 7.0% cap · market cap 5.07%
    Theoretical Best
    Office A
    $486.2K
    $425.4K – $567.3K (±1% cap)
    NOI $34,035 @ 7.0% cap · market cap 7.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Nail Salon Computer & Electronic Repair Parking Lot & Garage Skin Care Clinic Bakery Hair Salon Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tech Support 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
    -70.929875
    Latitude
    41.6401461

    FAQs

    What type of property is this?
    Duplex - Two-family layout with a private one-bedroom entrance, providing flexible living or rental options and a private backyard.
    Where is this duplex located?
    The property is located at 72 Walden St New Bedford, MA.
    What is the asking price?
    The asking price for this property is $429,000.
    What are key features of this property?
    This property features: Built in 1876, this two‑family home offers separate living for a front 3‑bedroom/1‑bath unit and a separate 1‑bedroom apartment.; Front home includes 3 bedrooms, 1 full bath, and a fireplace.; Separate 1‑bedroom apartment has its own private entrance.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message