1587 Purchase St, New Bedford MA 02740

New Bedford, MA 02740
$649,000
Est. $3,901/month
8
Beds
3
Baths
3,096
Sq Ft
$210
Price/Sq Ft
0.13
Acres
1873
Year Built
2 hours 22 minutes
Time on Market
Active Open House Listed Dec 30, 2025 • MLS# 73464140 Copied!

About this home

Special opportunity to have a centrally located, Fully gut renovated owner occupied or investment property, less than half a mile away from the new South coast commuter rail station. This 2 family boasts 3 bedrooms and 1 bath in the first unit and 5 bedrooms and 2 full bathrooms in a townhouse style 2nd unit, including great views of the city on the penthouse level and in-unit laundry in both units! Some of the updates in these open concept living units include, new cabinets with beautiful quartz countertops, kitchen Island, new Stainless Steel appliances, Brand new roof system, new electrical service and wiring, new plumbing, new forced hot air heating systems, new hot water tanks, new bathrooms w/ laundry connections, new vanities, fixtures and shower tile, new insulation, new drywall and paint, and new Luxury vinyl plank flooring. Off street parking, large basement with high ceilings and a large yard add to the final touches of this unique property. Schedule your showing today!

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1873
Bedrooms
8
Full Bathrooms
3
Living Area
3,096 sq ft
Total Rooms
14
Stories
3
Levels
3

Open House Schedule

03
Jan
Saturday, January 3
12:00 PM - 1:00 PM EST
04
Jan
Sunday, January 4
12:00 PM - 1:00 PM EST

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1873
Living Area 3,096 sq ft
Lot Size 0.13 acres
Bedrooms 8
Full Baths 3
Total Rooms 14

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Unfinished
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 1

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,032
Assessed Value $444,900

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1873
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas, Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

1587 Purchase St, New Bedford MA 02740

New Bedford, MA 02740

Walkability

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Nearby Schools

School District
New Bedford School District local
C-
🎓 Where Graduates Go Class of 2021
31% attend college
13% 4-Year 18% 2-Year 4% Out of State 9% Working
School Safety 2024-25
6.0% Above Average
4.2% Suspensions 1.0% In-School 1.8% Emergency
0.5% above state avg
E

Elementary Schools

10 schools
Child and Family Services
0.3 mi
Grades K-12
Holy Family-Holy Name School
0.6 mi
Grades PK-08
B+
Trinity Day Academy
0.7 mi | #149 of 346 | Score: 72.4
Same rank as last year
93 students Diverse
College Ready Curriculum Diverse Student Body
Grades 04-12
C
Global Learning Charter Public School
0.9 mi | #263 of 346 | Score: 45.1
Improved 7 spots from last year
-13.1 below state avg
508 students Diverse
High Graduation Rate College Ready Curriculum Diverse Student Body
Grades 05-12
St. James-St. John School
1.3 mi
Grades PK-08
C+
Alma del Mar Charter School
1.3 mi | #234 of 352 | Score: 37.7
Improved 34 spots from last year
-20.5 below state avg
1,042 students Diverse
Rising School
Grades K-08
Nazarene Christian Academy
1.9 mi
Grades PK-12
All Saints Catholic School
2.5 mi
Grades PK-08
F
John Avery Parker School
0.3 mi | #793 of 824 | Score: 29.2
Improved 34 spots from last year
-29 below state avg
289 students Diverse
Rising School Diverse Student Body
Grades PK
West End Day Nursery School
0.6 mi
Grades PK
M

Middle Schools

5 schools
Nativity Prep School
0.9 mi
Grades 05-08
Our Sisters' School
1.9 mi
Grades 05-06
C-
Keith Middle School
1.1 mi | #306 of 352 | Score: 30.8
Dropped 17 spots from last year
-27.4 below state avg
949 students Diverse
Diverse Student Body
Grades 06-08
C-
Normandin Middle School
2.4 mi | #291 of 352 | Score: 32.1
Improved 13 spots from last year
-26.1 below state avg
990 students Diverse
Diverse Student Body
Grades 06-08
C-
Roosevelt Middle School
2.7 mi | #307 of 352 | Score: 30.8
Improved 41 spots from last year
-27.4 below state avg
759 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
F
Whaling City Junior/Senior High School
0.9 mi | #337 of 346 | Score: 21.7
Improved 17 spots from last year
-36.5 below state avg
200 students Diverse
College Ready Curriculum Diverse Student Body
Grades 06-12
C
New Bedford High School
1.0 mi | #261 of 346 | Score: 45.3
Improved 40 spots from last year
-12.9 below state avg
2,878 students Diverse
19 sports • 1,326 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
C+
Greater New Bedford Vocational Technical High School
3.1 mi | #230 of 346 | Score: 48.4
Dropped 41 spots from last year
-9.8 below state avg
2,151 students Diverse
19 sports • 1,754 athletes
High Graduation Rate Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
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Loan Amount
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $419
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Dec 30, 2025
$649,000
Original listing
Agent: David Thompson Office: Stuart St James, Inc.

Price & Status History

Date Event Price Change
Dec 30, 2025 New Listing Added $649,000

Market Statistics

Time on Market
2 hours 22 minutes
Price per Sq Ft
$210

Tax History

Year Taxes Assessment
2025 $5,032 $444,900

Financial Details

Annual Property Tax
$5,032
Tax Year 2025
Assessed Value
$444,900

Listing Information

Listing Agent David Thompson
Listing Office Stuart St James, Inc.
Agent MLS ID CN200519
Office MLS ID AC1022
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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