155 Purchase St - Multi-Family FOR SALE


New Bedford, MA 02740
$459,000 USD
401-523-9555
155 Purchase St, New Bedford, MA for Sale
$459,000 USD
Multi-Family - FOR SALE
1/21
null | Request Cap Rate

155 Purchase St
New Bedford, MA 02740


OVERVIEW

Mixed-Use / Multifamily Opportunity ?? 155 Purchase St, New Bedford, MA 02740 Opportunity to acquire a versatile mixed-use zoned property in the heart of New Bedford. Situated in the MUB (Mixed-Use Business) zoning district, this property offers strong income potential with existing residential units and future redevelopment flexibility. The property currently features a spacious 4-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, making it ideal for investors, owner-occupants, or developers looking to maximize value in a growing market. Conveniently located near downtown, the waterfront, local shops, restaurants, and major transportation routes. Property Highlights: Total Building Size: 3,520 SF Lot Size: 0.1037 Acres Zoning: MUB (Mixed-Use Business) Two residential units Unit 1: 4 Bedrooms | 2 Bathrooms Unit 2: 2 Bedrooms | 1 Bathroom Strong income-producing potential Flexible mixed-use and redevelopment possibilities Prime location near downtown and waterfront amenities Ideal for investors, owner-users, or value-add opportunities

FOR SALE DETAILS

PRICE

$459,000 USD

PRICE/SF

$130 USD /SF

# OF UNITS

2

PRICE/UNIT

$229,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

155 Purchase St Two Family

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

MB

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael AlvesElite Commercial RealtyMore Info
401-523-9555

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Michael AlvesElite Commercial RealtyMore Info
401-523-9555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.