New Bedford Multi-Family
84 Walden St, New Bedford, MA 02740
MULTI_FAMILY - New Bedford, MA
Property size:
1,950 SFLot size:
0.07 AcresPrice / SF:
$276/SF- Added:
- Apr 30, 2026
- Days on Market:
- 30
- Last Refresh:
- May 29 at 1:06 pm
Property Features for 84 Walden St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RB
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2
- Standard status
- Active
- APN
- M:0058 L:0082,2892992
- Size
- 1,950 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4548
Building Details
- Year built
- 1880
- Floors in Building
- 2
- Number of units
- 2
Listing agent Eddie Lopez (508) 999-4424
Listing office RE/MAX Vantage 77 State Road, Boston, MA (774) 992-0297
Listing date Apr 30, 2026
MLS# 73510449
Listing URL
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
- Completely renovated second‑floor unit with new kitchen, bathroom, flooring, and finishes.
- Each unit features 3 bedrooms and 1 full bath, offering spacious layouts.
- New heating system, updated plumbing, and new walls with insulation provide peace of mind.
- Well‑maintained 2‑family home suitable for owner‑occupancy or investment.
- Private yard ideal for outdoor activities and tenant appeal.
- First‑floor unit is well cared for.
Overview
This well-maintained 2-family home in New Bedford presents an investment or owner-occupant opportunity. Each unit features 3 bedrooms and 1 full bath, providing spacious and functional layouts. The first-floor unit has been well cared for, while the second-floor unit has been completely renovated with modern updates throughout. The renovated unit showcases a brand-new kitchen with new appliances, a fully updated bathroom, new flooring, and fresh finishes. Major upgrades include new walls with insulation, a new heating system, and updated plumbing. The property includes a private yard. The lot size is 0.0705 acres, and the property size is 1950 square feet. The property is zoned RB. This multi-family property is located in Bristol County, Massachusetts.
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 |
1,950 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$400.4K
$350.4K – $467.2K
NOI $28,030 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$367.6K
$321.7K – $428.9K
NOI $25,734 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$575.0K
$503.1K – $670.8K
NOI $40,248 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.930027
- Latitude
- 41.640823
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained, renovated 2-family home in New Bedford.
Where is this duplex located?
The property is located at 84 Walden 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: Completely renovated second‑floor unit with **new kitchen, bathroom, flooring, and finishes.**; Each unit features **3 bedrooms and 1 full bath, offering spacious layouts.**; New heating system, updated plumbing, and new walls with insulation provide peace of mind.
