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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.

More Info

Basic Information

  • Gross Income $46,800
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number 2900409

Location

  • Address539-541 North Front Street
  • Building Number539-541
  • CountyBristol
  • NeighborhoodNorth
  • StateMA
  • StreetNorth Front Street
  • SubdivisionNorth
  • TownNew Bedford
  • Zip02745

Property Information

  • Building Area Source Measured
  • Living Area 4,118
  • Lot Size Square Feet 2,914
  • Lot Size Units Acres
  • Square Feet4,118

Tax Information

  • Tax Assessed Value $551,500
  • Tax Year 2026
  • Taxes$6,237

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms10
  • Full Bath5

Building

  • BasementFull, Walk-Out Access, Interior Entry, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 5
  • Patio And Porch Features Covered
  • Rooms17
  • Stories5
  • Units4
  • Year Built2022
  • Year Built Details Renovated Since
  • Year Built Source Builder

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces5

Basic Information

  • List Price$899,000
  • MLS Number73522270
  • Modification Date05/22/2026
  • Property SubType4 Family - 4 Units Up/Down

Property

  • Acreage0.07

Exterior

  • RoofShingle

Utilities

  • Electric 100 Amp Service
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • Laundromat
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Other AmenitiesBasement

Other

  • Date Listed05/21/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Listed by Niko Stafford of Block Realty

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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