Sold for $600,000

$600,000

1538-1540 Purchase St, New Bedford, MA 02740

5beds

2,400sqft

Multi Family

Built in 1870

-- sqft lot

$648,000 Zestimate^®

$250/sqft

$2,011 Estimated rent

Home value

$648,000

$590,000 - $713,000

$2,011/mo

Zestimate^® history

Owner options

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$2,011/mo

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$2,011/mo

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$3,831/mo

Est. payment

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$3,831/mo

Est. payment

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What's special

This fully renovated 2-unit property in New Bedford, MA offers modern living with extensive updates. Key features include exterior improvements of new roof, vinyl siding, and vinyl windows to enhance energy efficiency. Inside, new fiberglass insulation in walls and ceilings for improved comfort as well as a new water heater, heating system, and upgraded electric throughout the house have been added. Unit 1 features 2 bedrooms, 1 full bathroom, and spacious living and dining areas. Unit 2 offers 3 bedrooms, 2 full bathrooms, and access to a walk-up attic. Both units have been meticulously renovated with new bathrooms, new flooring, fresh paint, modern appliances, updated countertops and kitchen cabinets. Additionally, the property is conveniently located within walking distance of the new train station coming soon, making it ideal for commuters. This is a must-see for anyone looking for a move-in-ready investment or multi-family home!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Bathroom

Features: Bath w Shower Stall, Bath w Tub & Shower

Heating

Natural Gas, Forced Air

Cooling

None

Appliances

Included: Electric Water Heater, Dishwasher, Microwave, Oven/Range
Laundry: Common Area, In Building

Features

Wall (Dry Wall), Stairs, Insulation (Ceiling), Insulation (Walls), Ceiling Fan(s)
Flooring: Hardwood, Vinyl
Windows: Insulated Windows
Basement: Full,Interior and Exterior,Unfinished,Utility
Attic: Attic Stairs, Attic Storage
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,400
Total interior livable area: 2,400 sqft

Property

Parking

Total spaces: 3
Parking features: No Garage

Features

Stories: 2

Lot

Size: 4,961 Square Feet
Features: Sidewalks

Details

Parcel number: NEWBM0072L0130
Zoning: MUB
Special conditions: Conventional/Market Value

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Dry Wall, Vinyl Siding
Foundation: Mixed

Condition

New construction: No
Year built: 1870

Utilities & green energy

Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Municipal

Green energy

Energy efficient items: Windows

Community & HOA

Community

Features: Near Public Transport, Highway Access, Hospital, Interstate, Marina, Public School, Railroad, Recreational Facilities, Restaurants, Near Shopping

HOA

Has HOA: No

Location

Region: New Bedford

Financial & listing details

Price per square foot: $250/sqft
Tax assessed value: $327,100
Annual tax amount: $3,233
Date on market: 9/26/2024
Inclusions: Seller is related to realtor
Total actual rent: 0
Tenant pays: Heat

Price history

Date	Event	Price
1/10/2025	Sold	$600,000+9.3%$250/sqft
Source: StateWide MLS RI #1367423 Report a problem
9/9/2024	Pending sale	$549,000$229/sqft
Source: StateWide MLS RI #1367423 Report a problem
8/30/2024	Listed for sale	$549,000+350%$229/sqft
Source: StateWide MLS RI #1367423 Report a problem
11/1/2023	Sold	$122,000+121.8%$51/sqft
Source: Public Record Report a problem
1/10/2000	Sold	$55,000+57.1%$23/sqft
Source: Public Record Report a problem
6/19/1990	Sold	$35,000$15/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,700 +14.4%	$327,100 +21.4%
2024	$3,233 +6.7%	$269,400 +27%
2023	$3,031 +11.4%	$212,100 +21.1%
2022	$2,721 -0.3%	$175,100
2021	$2,730 -3%	$175,100 +0.6%
2020	$2,813 +2.3%	$174,100 +4.3%
2019	$2,750 +1.8%	$167,000 +2.8%
2018	$2,702 +7.7%	$162,500 +8.1%
2017	$2,509 +4%	$150,300 +2.7%
2016	$2,412 +7%	$146,300 +2.1%
2015	$2,254 +3.4%	$143,300 -0.3%
2014	$2,180 -4.7%	$143,800 -9.9%
2013	$2,287 0%	$159,600 -4%
2012	$2,288 +0.5%	$166,300 -5.9%
2011	$2,277 -5.1%	$176,800 -11.3%
2010	$2,399 +12.4%	$199,400 +7%
2009	$2,134 -4.2%	$186,400 -11.7%
2008	$2,228 +2.3%	$211,200
2007	$2,177 +11%	$211,200 +17.1%
2006	$1,961 +16.4%	$180,400 +21.7%
2005	$1,685 +10.4%	$148,200 +20.1%
2004	$1,526 +5.4%	$123,400 +24.9%
2003	$1,448 +52.6%	$98,800 +60.4%
2002	$949 -17%	$61,600 -12.6%
2000	$1,144 +38%	$70,500 +12.8%
1996	$829	$62,500