Active
117 Days on market
539-541 North Front Street New Bedford — Photo 1 of 33

539-541 North Front Street New Bedford — Photo 1 of 33

Recent Drop: $4,000

$899,000
$895,000

$895,000

539-541 North Front Street, New Bedford, MA 02745

New Bedford, MA 02745 — North

Investor Analysis

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

This Property
Size (SqFt) →Price →
This Property$217/sqft
Local Avg (New Bedford)$202/sqft
7% AboveMarket Average

* Analysis is based on 18 actively listed and recently sold comparable properties strictly within New Bedford, MA.

Property Details

Financials

Original Price$899,000
Annual Taxes$6,237

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms17
FireplacesNone
Flooring--
BasementFull, Walk-Out Access, Interior Entry, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningMUB

Property & Lot

Acres0.07
SqFt Lot2,914
Lot FeaturesCorner Lot

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Highway Access

Geography

Property History

Price Drop
$895,000

Was $899,000

Aug 11, 2026

MLS® 73522270

Listed
$899,000

May 21, 2026

MLS® 73522270

Terminated
$2,400

Apr 22, 2026

MLS® 73462776

Terminated
$1,650

Jan 29, 2026

MLS® 73462767

Listed
$1,650

Dec 17, 2025

MLS® 73462767

Listed
$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 Provided By

Listing Agent: Niko Stafford

Listing Office: Block Realty

MLS® Number: 73522270

Browse More Homes in New Bedford

Explore other active listings in the area.