539-541 North Front Street, New Bedford MA 02745
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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 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.

Property details

MLS #
73522270
Property type
4 Family - 4 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
91
On market date
May 21, 2026
Stories
5
Garage spaces
N/A
Lot size
0.07 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

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)

Mortgage calculator

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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 3 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.