84 Walden St, New Bedford, MA 02740
Well-maintained 2-family home with two 3-bedroom units, updated systems, and a private yard for outdoor use.
- Added:
- Apr 30, 2026
- Days on Market:
- 70
- Last Refresh:
- Jul 8 at 2:12 am
Property Features for 84 Walden St
General Information
- Standard status
- Active
- Size
- 1,950 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1880
Listing office Atlantic Properties (978) 578-5013
Listing date Apr 30, 2026
Source Churchillprop
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 Atlantic Properties
HighLights
- Built in 1880, well‑maintained 2‑family home in New Bedford
- Two units with 3 bedrooms and 1 full bath each
- Second‑floor unit fully renovated with brand‑new kitchen (with new appliances), updated bathroom, new flooring, and fresh finishes
- Major upgrades include new walls with insulation, new heating system, and updated plumbing
- Private yard for outdoor use
Overview
The property includes outdoor space in the form of a private yard. That feature can be useful for tenant enjoyment, gardening, or simple outdoor downtime.
From a tenant fit perspective, the unit mix supports straightforward occupancy with two similar three-bedroom, one-bath configurations. For owner-occupants, the layout can also support living in one unit while renting the other. Buyers seeking a turn-key multi-family option will likely appreciate the combination of move-in-ready condition and the renovation and system upgrades described for the second floor and major components.
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 | $43.3k | $22.20 |
| − Vacancy | −$3.2k | −$1.67 |
| EGI | $40.0k | $20.54 |
| − OpEx | −$12.0k | −$6.16 |
| NOI | $28.0k | $14.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.9300237
- Latitude
- 41.640829
