1585-1587 Acushnet Avenue New Bedford — Photo 1 of 42
$559,000
Investment Analysis — 1585-1587 Acushnet Avenue
New Bedford, MA 02746
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 2-unit multi-family in 02746 carries an estimated $3,580/mo in gross rent — about a 4.90% cap rate and $27,412/yr in estimated NOI at the $559,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2
SqFt
3,626
Style
Multi Family
Built
1901
Built in 1901, this character-filled two-unit multifamily home in Massachusetts offers over 3,600 square feet of living space across a classic layout. The property features six bedrooms and two bathrooms spread between both units, providing generous room for extended living or rental arrangements. The home retains the architectural character of its era while offering substantial square footage rarely found in comparable properties. A full basement adds valuable storage and utility space. Situated on a compact lot, the home is well-positioned within its neighborhood. With its historic construction and spacious footprint, this two-family property presents a solid opportunity for those seeking a substantial and enduring Massachusetts residence.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Listing Agent: Nathan Clark
Listing Office: Your Home Sold Guaranteed Realty, The Nathan Clark Team
MLS® Number: 73575630
