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155 Purchase St - 155 Purchase St Two Family 2 Unit Apartment Building Offered at $459,000 New Bedford, MA 02740
Executive Summary
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
?? 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
Property Facts
| Price | $459,000 | Lot Size | 0.10 AC |
| Price Per Unit | $229,500 | Building Size | 3,520 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 2 | Year Built | 1890 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Zoning | MB | ||
| Price | $459,000 |
| Price Per Unit | $229,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.10 AC |
| Building Size | 3,520 SF |
| No. Stories | 2 |
| Year Built | 1890 |
| Opportunity Zone |
Yes |
| Zoning | MB |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | - | - |
| 2+1 | 2 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
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155 Purchase St - 155 Purchase St Two Family
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