
539-541 North Front Street New Bedford — Photo 1 of 33
Recent Drop: $4,000
$895,000
539-541 North Front Street, New Bedford, MA 02745
New Bedford, MA 02745 — North
Beds
10
Baths
5
SqFt
4,118
Style
4 Family - 4 Units Up/Down
Built
2022
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.
Market Value Analysis
* Analysis is based on 18 actively listed and recently sold comparable properties strictly within New Bedford, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Highway Access
Geography
Property History
$895,000
Was $899,000
Aug 11, 2026
MLS® 73522270
$899,000
May 21, 2026
MLS® 73522270
$2,400
Apr 22, 2026
MLS® 73462776
$1,650
Jan 29, 2026
MLS® 73462767
$1,650
Dec 17, 2025
MLS® 73462767
$2,400
Dec 17, 2025
MLS® 73462776
Population
24,519
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$74K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
39.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Bristol County
1,041 housing units permitted in the last 12 months (+36% vs the prior 12 months) — 481 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Niko Stafford
Listing Office: Block Realty
MLS® Number: 73522270
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