Duplex with Third-Floor
New
For Sale
$539,900
76 Atlantic St, New Bedford, MA 02740
Residential Income, New Bedford, MA
Property Size2,152 SF
Lot Size0.07 Acres
Price / SF$250.88
Days on Market3
Property Features for 76 Atlantic St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RB
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3
Parking
3
Directions
Maple Street to 76 Atlantic Street
Standard status
Active
APN
M:0045 L:0162,2890280
Size
2,152 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4509
Amenities
coin-operated washer and dryer
off-street parking
Building Details
Year built
1886
Floors in Building
3
Number of units
2
Listing Agency:
Keller Williams Realty
Listed By:
Scott Morris
(508) 238-5000
Added: Oct 11
Changed: Oct 12
Last Checked: Oct 13 at 3:06AM
MLS# 73589412
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.
Investment Insights
Based on property information with market context.
This 2,152-square-foot duplex was built in 1886 on a 0.0652-acre lot. Its two-family configuration includes updated kitchens and bathrooms, hardwood flooring, replacement windows, and a third-floor walk-up. The property also has upgraded PVC waste lines and three 60-amp circuit breaker panels. A coin-operated washer and dryer are included, and off-street parking accommodates two to three vehicles. The roof was replaced two years ago, and the exterior was painted last year.
The property is seven blocks from Buttonwood Park and two blocks from St. Luke's Hospital. It is zoned RB. The walk-up area may offer expansion potential, subject to required approvals.
The property is seven blocks from Buttonwood Park and two blocks from St. Luke's Hospital. It is zoned RB. The walk-up area may offer expansion potential, subject to required approvals.
Key Highlights
- Two‑family duplex with 2,152 square feet on a 0.0652‑acre lot
- Built in 1886; zoned RB
- Third‑floor walk‑up with potential for expansion, subject to approvals
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,934
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,680
$618.7K
Cap Rate 7%
$441,914
$441.9K
Cap Rate 9%
$343,711
$343.7K
Market Conditions
NOI Build-Up for 2,152 SF
Gross rent
$47.8K $22.20/SF
− Vacancy
−$3.6K −$1.67/SF
EGI
$44.2K $20.54/SF
− OpEx
−$13.3K −$6.16/SF
NOI
$30.9K $14.37/SF
Area
New Bedford, MA
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,680
Cap Rate 7%
$441,914
Cap Rate 9%
$343,711
Alternative Uses
Best Use
Multifamily LT 5
$441.9K
$386.7K – $515.6K
NOI $30,934 @ 7.0% cap · market cap 5.73%
Second Best
Apartment 5plus
$405.7K
$355.0K – $473.3K
NOI $28,399 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$634.5K
$555.2K – $740.3K
NOI $44,417 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,888
Businesses Nearby
Explore this area
Business Placement
Demographics for 02740, MA
45,166
Population
20,532
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
77%
High-School Grad
5.7 sq mi
ZIP Area
7,924
Density / Sq Mi
$54,563
Median Household Income
$39,310
Median Earnings
$1,052
Median Rent
$303,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family layout pairs updated kitchens and bathrooms with hardwood floors, replacement windows, and off-street parking.
Where is this duplex located?
The property is located at 76 Atlantic St New Bedford, MA.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: Two‑family duplex with 2,152 square feet on a 0.0652‑acre lot; Built in 1886; zoned RB; Third‑floor walk‑up with potential for expansion, subject to approvals
