$899,000 ($218.31 per sqft)

Est. Mortgage $4,370/mo *

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539-541 North Front Street, New Bedford, (North), MA, 02745

539-541 North Front Street, New Bedford, (North), MA, 02745
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17 rooms

10 beds

5 Full baths

2022

4,118 sqft

Fully gut-renovated multifamily opportunity in New Bedford renovated in 2022 offering strong income potential for both investors and owner-occupants alike. This oversized property features two spacious 4 bed/1 bath units on the 1st and 2nd floors, plus two 1 bed/1 bath units on the 3rd floor. Bonus finished 4th-floor living space with an additional bathroom offers flexibility for storage, office, or extended use. Property includes 5 off-street parking spaces, updated kitchens and baths, modern finishes, and strong rental upside with vacant units allowing immediate market rents. Ideal setup for FHA buyers looking to offset their mortgage with rental income or investors seeking a turn-key asset with future value-add potential. Preliminary concepts for a potential 8-unit conversion have already been explored. Conveniently located near highways, shopping, restaurants, and commuter access.

Status:

Active

Town:

New Bedford

Type:

Multi-family

Units:

4

Zoning:

MUB

Basement:

Full, Walk-Out Access, Interior Entry, Unfinished

Levels:

5

Parking:

5-car, Paved Drive, Off Street

Acreage:

0.07

Est. Taxes:

$6,237

Assessment

$551,500

Construction

Frame

Lot Description:

Corner Lot

Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, Public School, T-Station

MLS #:

73522270

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Niko Stafford, Block Realty 617-505-3324