$895,000
539-541 North Front Street
New Bedford, MA, 02745
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
Price:
$895,000
MLS #:
73522270
Status:
Active
Beds:
10
Baths:
5
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
Neighborhood:
north
Listed Date:
May 21, 2026
Finished Sq Ft:
4,118
Total Sq Ft:
4,118
Lot Size:
2,914 sqft / 0.07 acres (approx)
Year Built:
2022
Units:
4
Schools
Interior
Above Grade Finished Area
4118
Bathrooms
5 Full Bathrooms
Levels
5
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, Public School, T-Station
Construction Materials
Frame
Lot Features
Corner Lot
Open Parking Spaces
5
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
5
Parking Total
5
Patio And Porch Features
Covered
Roof
Shingle
Stories
5
Financial
Tax Year
2026
Taxes
$6,237
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in New Bedford as of Sep 21, 2026
111
Multi Family Listed
116
Avg DOM
210
Avg $ / SqFt
$634,596
Avg List Price
Community
- Address539-541 North Front Street New Bedford MA
- CityNew Bedford
- CountyBristol
- Zip Code02745
Subdivisions in New Bedford
Similar Listings Nearby
Property Summary
- 539-541 North Front Street New Bedford MA is a Multi Family for sale in New Bedford, MA, 02745. It is listed for $895,000 To schedule a showing of MLS#73522270 at 539-541 North Front Street in New Bedford, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Centre Realty Group. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
539-541 North Front Street
New Bedford, MA