539-541 North Front Street, New Bedford MA 02745
New Bedford, MA 02745 • North
$899,000
$895,000
Est. $5,245/month
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Open House Schedule
15
Aug
Saturday, August 15
11:00 AM - 12:00 PM EDT
About this home
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.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
0.4%
Price Range
Property Timeline
Price Reduced
Aug 11, 2026
$895,000
$4,000
(-0.44%)
From $899,000 to $895,000 (-0.4%)
Listed for Sale
May 21, 2026
$899,000
Original listing
Agent: Niko Stafford
Office: Block Realty
Listed for Sale
May 21, 2026
$899,000
Original listing
Agent: Niko Stafford
Office: Block Realty
Listed for Sale
May 21, 2026
$899,000
Original listing
Agent: Niko Stafford
Office: Block Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/11/2026 | ↓ Price Reduced | $895,000 | $4,000 | - | From $899,000 to $895,000 (-0.4%) |
| 05/21/2026 | 🏠 Listed for Sale | $899,000 | - | - | Original listing |
| 05/21/2026 | 🏠 Listed for Sale | $899,000 | - | - | Original listing |
| 05/21/2026 | 🏠 Listed for Sale | $899,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $6,237 | $551,500 |
Financial Details
Annual Property Tax
$6,237
Tax Year 2026
Assessed Value
$551,500
Facts & Features
Home Facts
Type
Residential Income
Style
4 Family - 4 Units Up/Down
Year Built
2022
Living Area
4,118 sq ft
Lot Size
0.07 acres
Stories
5
Bedrooms
10
Full Baths
5
Total Rooms
17
Investment Metrics
Units
4
Unit 1 Rent
$2,250/mo · Y
Unit 2 Rent
$2,250/mo · N
Unit 3 Rent
$1,675/mo · N
Unit 4 Rent
$1,850/mo
Total Monthly Rent
$8,025/mo
Gross Income
$46,800
Net Operating Income
$46,800
Cap Rate
5.23%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full, Walk-out Access, Interior Entry, Unfinished
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Covered
Parking
Features
Paved Drive, Off Street
Total Spaces
5
Utilities
Electric
100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$6,237
Assessed Value
$551,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Certified Treated
Seller Disclosures
Seller Has Ownership In The Home! One Unit Vacant
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Measured
Documents
None
County
Bristol
Total market time (incl. prior listings)
25 days
Property Overview
Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
2022
Bedrooms
10
Full Bathrooms
5
Living Area
4,118 sq ft
Total Rooms
17
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,118 sq ft above grade
Display Options
Outdoor Areas
Patio & porchCovered
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:
Interior Features:
Windows:
Basement:
Full, Walk-Out Access, Interior Entry, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
2022
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Covered
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Total Parking Spaces:
5
Parking Features:
Paved Drive, Off Street
Nearby Schools
School information not available for this location.
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
$520
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
North
539-541 North Front Street, New Bedford MA 02745
New Bedford, MA 02745
Listing Information
Listing Agent
Niko Stafford
Listing Office
Block Realty
Office Phone
617-505-3324
Agent MLS ID
CN222309
Office MLS ID
AN7557
Listing Data Updated
Aug 11, 2026 3:51 PM 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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