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340 Purchase St, New Bedford MA 02740

$599,999

Estimated $1,219/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $299,999.50

Total Rent: 0/year

Estimated CAP Rate:

8 Bedrooms

Baths

3600

Total Parking: 2

3,154 (0.07)

Rare opportunity to own a completely renovated, vacant multifamily property that perfectly blends modern upgrades with timeless historic charm with central heat and AC on all floors! This beautifully restored property features a brand-new roof, windows, plumbing, electrical wiring, insulation, kitchens, and bathrooms, offering peace of mind for years to come. Each oversized apartment boasts generously sized bedrooms, spacious living areas, and stunning new eat-in kitchens complete with quartz countertops and modern finishes. The second floor offers a unique cottage-style setup, providing additional living space and endless possibilities for flexible living arrangements. Every detail has been thoughtfully updated while preserving the character and charm that make this property truly special. Whether you're an owner-occupant looking for spacious living with rental income potential or an investor seeking a turnkey addition to your portfolio, this property checks all the boxes! Best of all, the entire property will be delivered completely vacant, allowing for a seamless transition and the freedom to select your own tenants and establish your own rental rates. Be the first to enjoy this beautifully renovated property without the hassle of renovations or existing tenants. Don't miss this incredible opportunity!

This home has been viewed 5 times

Last Checked: November 9th, 2026 at 8:33am (Source: MLS PIN #73600107)

Gross Income: $0

Gross Expenses: $2,951

Net Income Calc: $2,951

Annual Expenses for 340 Purchase St, New Bedford MA 02740

Total Gross Expenses (Calculated)$2,951/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax2951

Annual Income & Unit Breakdown for 340 Purchase St, New Bedford MA 02740

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms6

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 340 Purchase St, New Bedford MA 02740

Listing ID73600107

Property TypeMulti Family

Price599999 ($166.67/SqFt)

StyleMulti Family

CityNew Bedford

CountyBristol

Neighborhood(s)

Approximate Living Area Total3600

Approximate Lot Size (Acres)0.07

Total Parking2

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningMUB

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 340 Purchase St, New Bedford MA 02740

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsTenants Belongings.

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 340 Purchase St, New Bedford MA 02740

Real Estate Taxes2951

Tax Year2025

Assessed Value$260,900

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 340 Purchase St, New Bedford MA 02740

Neighborhood(s)

Area Amenities

Contact Information for 340 Purchase St, New Bedford MA 02740

Agent

Name: Gary Gagne Jr.

Office

Name: Freedom Realty Group LLC

Phone: 774-361-2794

Team Members

Payment Calculator

, Interest

Property Taxes 245.92

Principal & Interest 3697

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Freedom Realty Group LLC

Gary Gagne Jr.

Agent Phone

Office Phone

(774) 361-2794

Text Agent Call Agent Call Office

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    [description] => Rare opportunity to own a completely renovated, vacant multifamily property that perfectly blends modern upgrades with timeless historic charm with central heat and AC on all floors! This beautifully restored property features a brand-new roof, windows, plumbing, electrical wiring, insulation, kitchens, and bathrooms, offering peace of mind for years to come. Each oversized apartment boasts generously sized bedrooms, spacious living areas, and stunning new eat-in kitchens complete with quartz countertops and modern finishes. The second floor offers a unique cottage-style setup, providing additional living space and endless possibilities for flexible living arrangements. Every detail has been thoughtfully updated while preserving the character and charm that make this property truly special. Whether you're an owner-occupant looking for spacious living with rental income potential or an investor seeking a turnkey addition to your portfolio, this property checks all the boxes! Best of all, the entire property will be delivered completely vacant, allowing for a seamless transition and the freedom to select your own tenants and establish your own rental rates. Be the first to enjoy this beautifully renovated property without the hassle of renovations or existing tenants. Don't miss this incredible opportunity!
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EXIT

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