87 Tremont Street, New Bedford MA 02740

New Bedford, MA 02740

$660,000

Est. $4,135/month

Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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8,061

Sq Ft

$82

Price/Sq Ft

0.26

Acres

1930

Year Built

135

Days on Market

For Sale Listed Jun 29, 2026 • MLS# 73542934 Copied! • Updated Nov 2, 2026

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About this home

Rare opportunity to acquire a self-storage facility in New Bedford offering immediate income and substantial upside potential. This approximately 8,061 sq ft industrial building features 31 storage units with a mix of 6x6 and 10x15 units, on-site parking, and a half bath for operational convenience. Current gross annual income is approximately $49,200, with multiple vacant units providing an excellent opportunity to increase occupancy and boost cash flow. The property offers public water and sewer, gas heat, overhead garage doors, and a functional layout designed for efficient self-storage operations. Strategically located near downtown New Bedford, major roadways, residential neighborhoods, and local businesses, creating a strong customer base and long-term demand. Ideal for investors seeking a stable income-producing asset with significant value-add potential through lease-up and rent optimization.

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Recently Sold Nearby

Price & Status History

Market Insights

Property Timeline

🏠

Listed for Sale

Jun 29, 2026

$660,000

Original listing

Agent: Cheryl Perry Office: Lamacchia Realty, Inc

🏠

Listed for Sale

Jun 29, 2026

$660,000

Original listing

Agent: Cheryl Perry Office: Lamacchia Realty, Inc

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
06/29/2026	🏠 Listed for Sale	$660,000	-	-	Original listing
06/29/2026	🏠 Listed for Sale	$660,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$7,168	—

Financial Details

Annual Property Tax

$7,168

Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1930

Living Area 8,061 sq ft

Lot Size 0.26 acres

Investment Metrics

Gross Income $49,200

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof Shingle

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other Public Water, Public Sewer

Financial

Annual Tax $7,168

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures Buyers And Buyers Agents To Perform Due Diligence. Some Photos May Be Virtually Enhanced.

Additional Details

Possession None

Accepted Financing None

Structure Type []

Documents None

County Bristol

Property Overview

Listing Type

For Sale

Year Built

1930

Living Area

8,061 sq ft

Floor Layout

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1930

Structure Type:

Exterior Materials:

Roof: Shingle

Foundation:

Utilities & Systems

Heating:

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Sewer:

Energy Features:

Exterior & Lot

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Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment

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Principal, interest, taxes & insurance

Loan Amount

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After down payment

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Over life of loan

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Including down payment

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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 $597

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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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

87 Tremont Street, New Bedford MA 02740

New Bedford, MA 02740

Listing Information

Listing Agent Cheryl Perry

Listing Office Lamacchia Realty, Inc.

Office Phone 508-677-3629

Agent MLS ID CT001657

Office MLS ID AN8116

Listing Data Updated Nov 2, 2026 11:24 AM EST

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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