539-541 North Front Street, New Bedford MA 02745

New Bedford, MA 02745 • North
$899,000
Est. $5,266/month
10
Beds
5
Baths
4,118
Sq Ft
$218
Price/Sq Ft
0.07
Acres
2022
Year Built
5
Parking
62
Days on Market
Active Listed May 21, 2026 • MLS# 73522270 Copied! • Updated Jul 22, 2026

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.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
May 21, 2026
$899,000
Original listing
Agent: Niko Stafford Office: Block Realty

Tax History

Year Taxes Assessment
2026 $6,237 $551,500

Financial Details

Annual Property Tax
$6,237
Tax Year 2026
Assessed Value
$551,500

Facts & Features

Home Facts

Type Residential Income
Style 4 Family - 4 Units Up/Down
Year Built 2022
Living Area 4,118 sq ft
Lot Size 0.07 acres
Bedrooms 10
Full Baths 5
Total Rooms 17

Investment Metrics

Units 4
Unit 1 Rent $2,250/mo · Y
Unit 2 Rent $2,250/mo · N
Unit 3 Rent $1,675/mo · N
Unit 4 Rent $1,850/mo
Total Monthly Rent $8,025/mo
Gross Income $46,800
Net Operating Income $46,800
Cap Rate 5.21%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Walk-out Access, Interior Entry, Unfinished
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Covered
Features Paved Drive, Off Street
Total Spaces 5
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,237
Assessed Value $551,500
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Seller Has Ownership In The Home! One Unit Vacant
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Measured
Documents None
County Bristol
Total market time (incl. prior listings) 13 days

Property Overview

Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
2022
Bedrooms
10
Full Bathrooms
5
Living Area
4,118 sq ft
Total Rooms
17
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:
Interior Features:
Windows:
Basement: Full, Walk-Out Access, Interior Entry, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 2022
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 5

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street

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 $520
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

North

539-541 North Front Street, New Bedford MA 02745

New Bedford, MA 02745

Listing Information

Listing Agent Niko Stafford
Listing Office Block Realty
Office Phone 617-505-3324
Agent MLS ID CN222309
Office MLS ID AN7557
Listing Data Updated Jul 22, 2026 2:34 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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