Active
118 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

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. 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

1,079 housing units permitted in the last 12 months (+41% vs the prior 12 months) — 501 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Niko Stafford

Listing Office: Block Realty

MLS® Number: 73522270

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