BEDS10
BATHS5 full
SQUARE FEET4,118
MLS#73522270
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Walk-Out Access, Interior Entry, Unfinished
Lot Size: 0.07 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $6,237
Year Built: 2022
Feature Descriptions
Building Area Total: 4118
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, Public School, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 67
Dwelling Type: 4 Family - 4 Units Up/Down
Electric: 100 Amp Service
Exterior: Frame
Lot Features: Corner Lot
Open Parking Y/N: Yes
Parcel Number: 2900409
Parking Features: Paved Drive, Off Street
Parking Total: 5
Patio And Porch: Covered
Rooms Total: 17
Sewer: Public Sewer
Units: 4
Water: Public
Listed By / Shown By
Listed By
Agency Name: Block Realty
Agent Name: Niko Stafford
Agency Phone: 617-505-3324
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,782.74 per month $2,000.78 Principal & Interest $519.75 Property Tax $262.21 Homeowner's Insurance
539-541 North Front Street | MLS# 73522270
This multi-family property located at 539-541 North Front Street, New Bedford, MA 02745 is currently listed for sale with an asking price of $899,000. Search New Bedford real estate on www.masiellogrouprealestate.com today.