4 Family - 4 Units Up/Down at 539-541 North Front Street, New Bedford MA 02745, New Bedford
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$895,000

539-541 North Front Street, New Bedford MA 02745
New Bedford, MA 02745
Listed by Niko Stafford
Bedrooms
10
Bathrooms
5
Living area
4,118 sqft
Year built
2022

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. 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.

Property details

MLS #
73522270
Property type
4 Family - 4 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
136
On market date
May 21, 2026
Stories
5
Total bathrooms
5
Garage spaces
N/A
Parking spaces
5
Lot size
0.07 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

ElementaryCharter
Alma del Mar Charter School
0.27 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
944
Student:teacher ratio
13.1:1
District
Alma del Mar Charter School (District)
Middle
Normandin Middle School
0.93 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,112
Student:teacher ratio
13.6:1
District
New Bedford
HighCharter
Global Learning Charter Public School
0.53 mi away · Grades 5-12
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
504
Student:teacher ratio
11.5:1
District
Global Learning Charter Public (District)

Walkability

Blended score for New Bedford's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

92
Highly walkable
out of 100
EPA National Walkability Index
17.2 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks10
Schools8
Transit stops20
Pharmacies7

Market position

How this listing compares to current activity in New Bedford, from live MLS data.

On the market 136 days -- 9 more days than New Bedford's current average of 127 days.
For reference, the median list price across 532 active listings in New Bedford right now is $429,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,540/mo
$179,000 down
$716,000 loan
Principal & interest$4,644
Property tax (est.)$746
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 20 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.