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155 Purchase St, New Bedford MA 02740

New Bedford, MA 02740
$459,000
Est. $2,867/month
4
Beds
3
Baths
2,039
Sq Ft
$225
Price/Sq Ft
0.10
Acres
1890
Year Built
10 hours 20 minutes
Time on Market
Active Listed Jul 6, 2026 • MLS# 73545160 Copied! • Updated Jul 6, 2026

About this home

Mixed-Use / Multifamily Opportunity?? 155 Purchase St, New Bedford, MA 02740Opportunity 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.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 6, 2026
$459,000
Original listing
Agent: Michael Alves Office: HomeSmart Professionals Real Estate

Tax History

Year Taxes Assessment
2025 $4,156 $367,500

Financial Details

Annual Property Tax
$4,156
Tax Year 2025
Assessed Value
$367,500

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1890
Living Area 2,039 sq ft
Lot Size 0.10 acres
Bedrooms 4
Full Baths 3
Total Rooms 10

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,156
Assessed Value $367,500
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Bristol

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1890
Bedrooms
4
Full Bathrooms
3
Living Area
2,039 sq ft
Total Rooms
10
Stories
2
Levels
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 2

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features:
School District
New Bedford School District local
C-
🎓 Where Graduates Go Class of 2021
31% attend college
13% 4-Year 18% 2-Year 4% Out of State 9% Working
School Safety 2024-25
6.0% Above Average
4.2% Suspensions 1.0% In-School 1.8% Emergency
0.5% above state avg
E

Elementary Schools

3 schools
C-
Alfred J Gomes School
0.3 mi | #676 of 824 | Score: 37.1
Improved 102 spots from last year
-21.1 below state avg
623 students Moderate
Rising School
Grades PK-05
C-
John B Devalles School
0.4 mi | #722 of 824 | Score: 34.1
Improved 107 spots from last year
-24.1 below state avg
292 students Diverse
Rising School Diverse Student Body
Grades K-05
B-
James B Congdon School
0.4 mi | #488 of 824 | Score: 45.0
Dropped 6 spots from last year
-13.2 below state avg
299 students Diverse
Diverse Student Body
Grades K-05
M

Middle Schools

3 schools
Nativity Prep School
0.7 mi
Grades 05-08
C-
Roosevelt Middle School
1.1 mi | #307 of 352 | Score: 30.8
Improved 41 spots from last year
-27.4 below state avg
759 students Diverse
Rising School Diverse Student Body
Grades 06-08
Our Sisters' School
1.6 mi
Grades 05-06
H

High Schools

3 schools
F
Whaling City Junior/Senior High School
0.9 mi | #337 of 346 | Score: 21.7
Improved 17 spots from last year
-36.5 below state avg
200 students Diverse
College Ready Curriculum Diverse Student Body
Grades 06-12
C+
Fairhaven High School
1.7 mi | #211 of 346 | Score: 50.5
Dropped 8 spots from last year
-7.7 below state avg
568 students Moderate
17 sports • 1,168 athletes
Strong AP Program College Ready Curriculum Strong Athletics
Grades 09-12
The Nemasket Group
1.8 mi
Grades 12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $346
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

155 Purchase St, New Bedford MA 02740

New Bedford, MA 02740

Listing Information

Listing Agent Michael Alves
Listing Office HomeSmart Professionals Real Estate
Office Phone 401-921-5011
Agent MLS ID CN232201
Office MLS ID AN1257
Listing Data Updated Jul 6, 2026 4:23 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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