Renovated Side-by-Side
858 Kempton Street New Bedford, MA 02740
858 Kempton Street, New Bedford, MA, 02740
$475,000
For Sale
$475,000
Fully renovated side-by-side duplex with two single-level units, each offering three bedrooms, one full bath, and dedicated off-street parking.
Property Size1,900 SF
Price / SF$250
Days on Market137
Property Features for 858 Kempton Street
General Information
- Standard status
- Active
- Size
- 1,900 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1940
Listing agency
Freedom Realty Group LLC
(508) 292-6954
Listed by
Gary Gagne Jr. · License #9588828
Source
Milburyre
Added: Mar 7 Updated: Jul 21 at 3:17PM Checked: Jul 21 at 3:17PM
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 Freedom Realty Group LLC
Investment Insights
Based on property information with market context.
This fully renovated side-by-side duplex features two single-level units designed for practical, family-friendly living. Each unit offers three bedrooms and one full bathroom, with updated interiors throughout including modern kitchens, updated bathrooms, and new flooring.
Both units include dedicated off-street parking, providing convenient everyday access. The side-by-side layout provides separation between the two homes while keeping the one-level configuration that can be difficult to find in two-family properties.
Offered for sale as a duplex, the property may appeal to buyers seeking either a straightforward rental investment or an owner-occupant setup where one unit is lived in while the other is rented.
Both units include dedicated off-street parking, providing convenient everyday access. The side-by-side layout provides separation between the two homes while keeping the one-level configuration that can be difficult to find in two-family properties.
Offered for sale as a duplex, the property may appeal to buyers seeking either a straightforward rental investment or an owner-occupant setup where one unit is lived in while the other is rented.
Key Highlights
- Fully renovated side‑by‑side duplex built in 1940 with two single‑level units
- Each unit features 3 bedrooms and 1 full bathroom
- Both units have been completely renovated with modern kitchens and updated bathrooms
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 | $42.2k | $22.20 |
| − Vacancy | −$3.2k | −$1.67 |
| EGI | $39.0k | $20.54 |
| − OpEx | −$11.7k | −$6.16 |
| NOI | $27.3k | $14.37 |
1,900 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$390.2K
$341.4K – $455.2K
NOI $27,312 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$358.2K
$313.4K – $417.9K
NOI $25,074 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$560.2K
$490.2K – $653.6K
NOI $39,216 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Fully renovated side-by-side duplex with two single-level units, each offering three bedrooms, one full bath, and dedicated off-street parking.
Where is this duplex located?
The property is located at 858 Kempton Street New Bedford, MA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Fully renovated side‑by‑side duplex built in 1940 with two single‑level units; Each unit features 3 bedrooms and 1 full bathroom; Both units have been completely renovated with modern kitchens and updated bathrooms
