393 Pleasant Street, New Bedford MA 02740

New Bedford, MA 02740
$690,000
$660,000
Est. $4,090/month
6
Beds
6
Baths
2,558
Sq Ft
$258
Price/Sq Ft
0.10
Acres
1890
Year Built
25
Days on Market
Sale Pending Price Drop -$30,000 Listed Jul 15, 2026 • MLS# 73550057 Copied! • Updated Aug 10, 2026

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About this home

Horvath and 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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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
4.3%
Price Range

Property Timeline

Pending Sale
Aug 10, 2026
Offer accepted, sale pending
Price Reduced
Aug 3, 2026
$660,000 $30,000 (-4.35%)
From $690,000 to $660,000 (-4.3%)
🏠
Listed for Sale
Jul 15, 2026
$690,000
Original listing
Agent: Spencer Smith Office: Horvath & Tremblay

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 8.60%
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
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Enclosed, Covered
Features Paved Drive
Electric Common, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,637
Assessed Value $594,200
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
Total market time (incl. prior listings) 88 days

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
Sale Pending
Year Built
1890
Bedrooms
6
Full Bathrooms
6
Living Area
2,558 sq ft
Total Rooms
10
Stories
5
Levels
5

Floor Layout

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.

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 $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

-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

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 Aug 10, 2026 7:03 AM 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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