393 Pleasant Street, New Bedford MA 02740

New Bedford, MA 02740

$700,000

$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

58

Days on Market

Active Price Drop -$10,000 Listed May 13, 2026 • MLS# 73517639 Copied! • Updated Jul 5, 2026

Schedule Tour Contact Agent

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.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Open App

Scan with phone

Get the full experience in the BMN Boston app

Open App

Public Records & Permits

Log in to view assessor & tax records, ownership history, and recent building permits for this property.

Log In Sign Up Free

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Request a Free CMA

Recently Sold Nearby

Property History

Market Insights

1

Price Changes

1.4%

Price Range

Property Timeline

↓

Price Reduced

Jul 1, 2026

$690,000 $10,000 (-1.43%)

From $700,000 to $690,000 (-1.4%)

🏠

Listed for Sale

May 13, 2026

$700,000

Original listing

Agent: Spencer Smith Office: Horvath & Tremblay

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
07/01/2026	↓ Price Reduced	$690,000	$10,000	-	From $700,000 to $690,000 (-1.4%)
05/13/2026	🏠 Listed for Sale	$700,000	-	-	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) 53 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 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

St. James-St. John School

0.3 mi

Grades PK-08

C-

Alfred J Gomes School

0.4 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-

Sgt. William H. Carney Memorial Academy Elementary School

0.4 mi | #706 of 824 | Score: 35.2

Improved 110 spots from last year

-23 below state avg

618 students Very Diverse

Rising School Diverse Student Body

Grades K-05

M

Middle Schools

3 schools

Nativity Prep School

< 0.1 mi

Grades 05-08

Our Sisters' School

1.5 mi

Grades 05-06

C-

Keith Middle School

1.5 mi | #306 of 352 | Score: 30.8

Dropped 17 spots from last year

-27.4 below state avg

949 students Diverse

Diverse Student Body

Grades 06-08

H

High Schools

3 schools

F

Whaling City Junior/Senior High School

0.3 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

New Bedford High School

1.3 mi | #261 of 346 | Score: 45.3

Improved 40 spots from last year

-12.9 below state avg

2,878 students Diverse

19 sports • 1,326 athletes

Early College Program Rising School Career Tech Programs College Ready Curriculum

Grades 09-12

C+

Fairhaven High School

1.4 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

Learn about these ratings

Composite Score Letter Grades MCAS MassCore Percentile Rank

0 schools selected Compare Schools Clear

School data provided by BMN Schools

×

What is it?

Parent Tip

Compare Schools

×

Loading comparison...

Failed to load comparison data Try Again

Historical Trends

×

Loading trends...

Failed to load trend data Try Again

All Subjects ELA Math Science

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

Home Price

Down Payment

%

Down: $0

Interest Rate

%

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

-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

Loading map...

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 5, 2026 3:07 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

Schedule Tour Request Info

Ask about this property — free, no obligation.