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Active

539-541 North Front Street, New Bedford MA 02745

$899,000

Estimated $1,977/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $224,750

Total Rent: 97200/year

Estimated CAP Rate:

10 Bedrooms

Baths

4118

Total Parking: 5

2,914 (0.07)

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.

This home has been viewed 3 times

Last Checked: May 21st, 2026 at 6:58pm (Source: MLS PIN #73522270)

Gross Income: $97,200

Gross Expenses: $6,237

Net Income Calc: $90,963

Annual Expenses for 539-541 North Front Street, New Bedford MA 02745

Total Gross Expenses (Calculated)$6,237/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6237

Annual Income & Unit Breakdown for 539-541 North Front Street, New Bedford MA 02745

Total Gross Income (Calculated)$97,200

Unit 1

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms1

Bathrooms

Floor3

Levels in Unit1

Rent Includes

General Information for 539-541 North Front Street, New Bedford MA 02745

Listing ID73522270

Property TypeMulti Family / 4 Family

Price899000 ($218.31/SqFt)

Style4 Family - 4 Units Up/down

CityNew Bedford

CountyBristol

MLS AreaNorth

Neighborhood(s)

Approximate Living Area Total4118

Approximate Lot Size (Acres)0.07

Total Parking5

Garage Parking0

Year Built2022

Year Built SourceBuilder

Year Built DetailsRenovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningMUB

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 539-541 North Front Street, New Bedford MA 02745

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsSauna

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 539-541 North Front Street, New Bedford MA 02745

Real Estate Taxes6237

Tax Year2026

Assessed Value$551,500

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 539-541 North Front Street, New Bedford MA 02745

Neighborhood(s)

MLS AreaNorth

Area AmenitiesWalk/jog Trails

Contact Information for 539-541 North Front Street, New Bedford MA 02745

Agent

Name: Niko Stafford

Office

Name: Block Realty

Phone: 617-505-3324

Payment Calculator

, Interest

Property Taxes 519.75

Principal & Interest 5539.35

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Block Realty

Niko Stafford

Agent Phone

Office Phone

(617) 505-3324

Text Agent Call Agent Call Office

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    [unparsed] => 539-541 North Front Street, New Bedford MA 02745
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EXIT

30 More Photos

Active

539-541 North Front Street, New Bedford MA 02745

$899,000

Annual Expenses for 539-541 North Front Street, New Bedford MA 02745

Annual Income & Unit Breakdown for 539-541 North Front Street, New Bedford MA 02745

General Information for 539-541 North Front Street, New Bedford MA 02745

Disclosures for 539-541 North Front Street, New Bedford MA 02745

Financial Information for 539-541 North Front Street, New Bedford MA 02745

Location Information for 539-541 North Front Street, New Bedford MA 02745

Contact Information for 539-541 North Front Street, New Bedford MA 02745

Agent

Office

Payment Calculator

Exclusive Listing Agent

Block Realty

Niko Stafford