393 Pleasant Street, New Bedford MA 02740
New Bedford, MA 02740
$690,000
$660,000
Est. $4,090/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
Adjust the payment calculatorTrack this home for price, status, and open-house alerts.
About this home
Horvath and Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 393 Pleasant Street in New Bedford, MA. The multi-story building contains four (4) 1-Bedroom/1-Bathroom units and two (2) Studio units with 2,558 square feet of gross living area in 4,326 square feet of gross area. The Property is situated upon a 0.05-acre parcel and features on-street parking spaces.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
4.3%
Price Range
Property Timeline
Pending Sale
Aug 10, 2026
Offer accepted, sale pending
Price Reduced
Aug 3, 2026
$660,000
$30,000
(-4.35%)
From $690,000 to $660,000 (-4.3%)
Listed for Sale
Jul 15, 2026
$690,000
Original listing
Agent: Spencer Smith
Office: Horvath & Tremblay
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/10/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 08/03/2026 | ↓ Price Reduced | $660,000 | $30,000 | - | From $690,000 to $660,000 (-4.3%) |
| 07/15/2026 | 🏠 Listed for Sale | $690,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,637 | $594,200 |
Financial Details
Annual Property Tax
$6,637
Tax Year 2025
Assessed Value
$594,200
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1890
Living Area
2,558 sq ft
Lot Size
0.10 acres
Bedrooms
6
Full Baths
6
Total Rooms
10
Investment Metrics
Units
6
Unit 1 Rent
$750/mo · Y
Unit 2 Rent
$1,174/mo · Y
Unit 3 Rent
$1,300/mo · Y
Unit 4 Rent
$1,000/mo · Y
Total Monthly Rent
$4,224/mo
Gross Income
$78,848
Net Operating Income
$56,770
Operating Expenses
$22,079
Water/Sewer Expense
$5,038
Electric Expense
$1,223
Insurance Expense
$6,000
Cap Rate
8.60%
Interior
Heating
Natural Gas
Cooling
Window Unit(s)
Flooring
None
Appliances
Oven, Dishwasher, Refrigerator, Microwave
Fireplace
None
Basement
Full
Laundry
None
Features
Living Room, Kitchen, Family Room
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Enclosed, Covered
Parking
Features
Paved Drive
Utilities
Electric
Common, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$6,637
Assessed Value
$594,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Bristol
Total market time (incl. prior listings)
88 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
Sale Pending
Year Built
1890
Bedrooms
6
Full Bathrooms
6
Living Area
2,558 sq ft
Total Rooms
10
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,558 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Enclosed, Covered
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Oven, Dishwasher, Refrigerator, Microwave
Interior Features:
Living Room, Kitchen, Family Room
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
5
Heating, Cooling & Utilities
Heating:
Natural Gas
Cooling:
Window Unit(s)
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch, Enclosed, Covered
Fencing:
Other Structures:
Lot Features:
Wooded
Road Surface:
Parking & Garage
Parking Features:
Paved Drive
Nearby Schools
School District
New Bedford School District local
D
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
Elementary Schools
3 schools
St. James-St. John School
0.3 mi
Grades PK-08
C-
Alfred J Gomes School
0.4 mi
|
#688 of 825
|
Score: 36.5
Improved 90 spots from last year
-21.7 below state avg
660 students
Moderate
Rising School
Grades PK-05
C-
Sgt. William H. Carney Memorial Academy Elementary School
0.4 mi
|
#704 of 825
|
Score: 35.4
Improved 112 spots from last year
-22.8 below state avg
649 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Middle Schools
3 schools
Nativity Prep School
< 0.1 mi
Grades 05-08
Our Sisters' School
1.5 mi
Grades 05-06
C-
Keith Middle School
1.5 mi
|
#307 of 352
|
Score: 31.0
Dropped 18 spots from last year
-27.2 below state avg
918 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
3 schools
F
Whaling City Junior/Senior High School
0.3 mi
|
#338 of 346
|
Score: 21.9
Improved 16 spots from last year
-36.3 below state avg
190 students
Diverse
College Ready Curriculum
Diverse Student Body
Grades 06-12
C
New Bedford High School
1.3 mi
|
#262 of 346
|
Score: 46.3
Improved 39 spots from last year
-11.9 below state avg
2,792 students
Diverse
19 sports
• 1,326 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
C+
Fairhaven High School
1.4 mi
|
#220 of 346
|
Score: 50.3
Dropped 17 spots from last year
-7.9 below state avg
549 students
Moderate
17 sports
• 1,168 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$553
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
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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.
Location
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Neighborhood
393 Pleasant Street, New Bedford MA 02740
New Bedford, MA 02740
Listing Information
Listing Agent
Spencer Smith
Listing Office
Horvath & Tremblay
Office Phone
781-776-4000
Agent MLS ID
CN247171
Office MLS ID
AN2723
Listing Data Updated
Aug 10, 2026 7:03 AM EDT
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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