155 Purchase Street
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$454,000

155 Purchase Street
New Bedford, MA 02740
Listed by Michael Alves
Bedrooms
6
Bathrooms
3
Living area
N/A
Year built
1890

About this home

Mixed-Use / Multifamily Opportunity ?? 155 Purchase St, New Bedford, MA 02740 Opportunity to acquire a versatile mixed-use zoned property in the heart of New Bedford. Situated in the MUB (Mixed-Use Business) zoning district, this property offers strong income potential with existing residential units and future redevelopment flexibility. The property currently features a spacious 4-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, making it ideal for investors, owner-occupants, or developers looking to maximize value in a growing market. Conveniently located near downtown, the waterfront, local shops, restaurants, and major transportation routes. Property Highlights: Total Building Size: 3,520 SF Lot Size: 0.1037 Acres Zoning: MUB (Mixed-Use Business) Two residential units Unit 1: 4 Bedrooms | 2 Bathrooms Unit 2: 2 Bedrooms | 1 Bathroom Strong income-producing potential Flexible mixed-use and redevelopment possibilities Prime location near downtown and waterfront amenities Ideal for investors, owner-users, or value-add opportunities

Property details

MLS #
1415894
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
58
On market date
June 19, 2026
Stories
2
Garage spaces
N/A
Lot size
0.0096 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Alfred J Gomes
0.26 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
502
Student:teacher ratio
11.7:1
District
New Bedford
Middle
Roosevelt Middle School
1.08 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
796
Student:teacher ratio
10.6:1
District
New Bedford
High
Whaling City Junior/Senior High School
0.93 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
67
Student:teacher ratio
4.5:1
District
New Bedford

Mortgage calculator

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Est. monthly payment
$2,884/mo
$90,800 down
$363,200 loan
Principal & interest$2,356
Property tax (est.)$378
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 4 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.