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Pending

311 Purchase St, New Bedford MA 02740

$449,900

Estimated $1,096/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $224,950

Total Rent: 0/year

Estimated CAP Rate:

7 Bedrooms

Baths

2410

Total Parking: 0

2,465 (0.06)

Get a load of this! Welcome to this massive cottage-style 2-family, great for a growing family or the investor looking to maximize their return on investment. Located minutes away from the downtown area. This baby comes with two great-sized kitchens, which are a dime a dozen in New Bedford. Unit one hosts a massive double parlor great for family parties or gatherings. Paired with 3 bedrooms, and 1 bath. As you make your way upstairs, you are greeted by a recently renovated 4 bedrooms, 1 bath with an oversized double parlor of its own. 311 Purchase has recent renovations and upgrades such as newer windows, hot water tanks, and a new roof making it ideal for someone like you. The third level comes with the ability to potentially add 4 bedrooms or an extra unit to help you maximize profits. Don't sleep or blink you might miss it. Along with the potential this property offers, the accessibility makes it desirable. Located on a major bus route and minutes from the highway & Shopping Center

This home has been viewed 7 times

Last Checked: July 2nd, 2026 at 7:18am (Source: MLS PIN #73498761)

Gross Income: $0

Gross Expenses: $4,392

Net Income Calc: $4,392

Water Views

Annual Expenses for 311 Purchase St, New Bedford MA 02740

Total Gross Expenses (Calculated)$4,392/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4392

Annual Income & Unit Breakdown for 311 Purchase St, New Bedford MA 02740

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms4 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 311 Purchase St, New Bedford MA 02740

Listing ID73498761

Property TypeMulti Family / 2 Family

Price449900 ($186.68/SqFt)

Style2 Family - 2 Units Up/down

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total2410

Approximate Lot Size (Acres)0.06

Total Parking0

Garage Parking0

Year Built1886

Year Built SourcePublic Records

Year Built DetailsActual,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features1

Outdoor SpaceCovered

ZoningRB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 311 Purchase St, New Bedford MA 02740

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBasement Projector

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 311 Purchase St, New Bedford MA 02740

Real Estate Taxes4392

Tax Year2025

Assessed Value$388,300

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 311 Purchase St, New Bedford MA 02740

Elementary SchoolGomes Elementry

Middle SchoolRoosevelt Middle

High SchoolNew Bedford High

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 311 Purchase St, New Bedford MA 02740

Agent

Name: Luis Martins Realty Team

Office

Name: RE/MAX Synergy

Phone: 508-857-5392

Team Members

Payment Calculator

, Interest

Property Taxes 366

Principal & Interest 2772.14

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Synergy

Luis Martins Realty Team

Agent Phone

Office Phone

(508) 857-5392

Text Agent Call Agent Call Office

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EXIT

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