393 Pleasant Street, New Bedford MA 02740

New Bedford, MA 02740

$690,000

Est. $4,242/month

6

Beds

6

Baths

2,558

Sq Ft

$270

Price/Sq Ft

0.10

Acres

1890

Year Built

5+ Family - 5+ Units Up/Down

Type

15 hours 18 minutes

Time on Market

Active Listed Jul 15, 2026 • MLS# 73550057 Copied! • Updated Jul 15, 2026

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About this home

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 393 Pleasant Street in New Bedford, MA. The multi-story building contains four (4) 1-Bedroom/1-Bathroom units and two (2) Studio units with 2,558 square feet of gross living area in 4,326 square feet of gross area. The Property is situated upon a 0.05-acre parcel and features on-street parking spaces.

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Property History

Property Timeline

🏠

Listed for Sale

Jul 15, 2026

$690,000

Original listing

Agent: Spencer Smith Office: Horvath & Tremblay

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
07/15/2026	🏠 Listed for Sale	$690,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$6,637	$594,200

Financial Details

Annual Property Tax

$6,637

Tax Year 2025

Assessed Value

$594,200

Facts & Features

Home Facts

Type Residential Income

Style 5+ Family - 5+ Units Up/Down

Year Built 1890

Living Area 2,558 sq ft

Lot Size 0.10 acres

Bedrooms 6

Full Baths 6

Total Rooms 10

Investment Metrics

Units 6

Unit 1 Rent $750/mo · Y

Unit 2 Rent $1,174/mo · Y

Unit 3 Rent $1,300/mo · Y

Unit 4 Rent $1,000/mo · Y

Total Monthly Rent $4,224/mo

Gross Income $78,848

Net Operating Income $56,770

Operating Expenses $22,079

Water/Sewer Expense $5,038

Electric Expense $1,223

Insurance Expense $6,000

Cap Rate 8.23%

Interior

Heating Natural Gas

Cooling Window Unit(s)

Flooring None

Appliances Oven, Dishwasher, Refrigerator, Microwave

Fireplace None

Basement Full

Laundry None

Features Living Room, Kitchen, Family Room

Exterior

Construction None

Architecture None

Roof Shingle

Features None

Pool None

Spa None

Fencing None

Patio/Porch Porch, Enclosed, Covered

Parking

Features Paved Drive

Utilities

Electric Common, Individually Metered

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $6,637

Assessed Value $594,200

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type []

Sq Ft Source Public Record

Documents None

County Bristol

Total market time (incl. prior listings) 62 days

Property Overview

Property Type

5+ Family - 5+ Units Up/Down

Listing Type

For Sale

Year Built

1890

Bedrooms

6

Full Bathrooms

6

Living Area

2,558 sq ft

Total Rooms

10

Stories

5

Levels

5

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: Oven, Dishwasher, Refrigerator, Microwave

Interior Features: Living Room, Kitchen, Family Room

Windows:

Basement: Full

Laundry:

Security:

Construction & Materials

Year Built: 1890

Structure Type:

Exterior Materials:

Roof: Shingle

Foundation: Concrete Perimeter

Stories: 5

Heating, Cooling & Utilities

Heating: Natural Gas

Cooling: Window Unit(s)

Hot Water: Natural Gas

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch: Porch, Enclosed, Covered

Fencing:

Other Structures:

Lot Features: Wooded

Road Surface:

Parking & Garage

Parking Features: Paved Drive

Nearby Schools

School information not available for this location.

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Down Payment

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Down: $0

Interest Rate

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Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $553

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

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Current Rate

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+0.5% Rate

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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

393 Pleasant Street, New Bedford MA 02740

New Bedford, MA 02740

Listing Information

Listing Agent Spencer Smith

Listing Office Horvath & Tremblay

Office Phone 781-776-4000

Agent MLS ID CN247171

Office MLS ID AN2723

Listing Data Updated Jul 15, 2026 11:58 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 800 - 9008 contact@bmnboston.com

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