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Sold for $284,900
  • $284,900

    1956 Purchase St, New Bedford, MA 02740

    2beds
    1,900sqft
    2 Family - 2 Units Up/Down
    Built in 1910
    -- sqft lot
    $427,500 Zestimate®
    $150/sqft
    $2,088 Estimated rent

    Home value

    $427,500

    $398,000 - $457,000

    $2,088/mo

    Zestimate® history
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    $2,088/mo

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    $1,784/mo

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    What's special

    Half bathAmple window spaceFresh wallsBrand new vinyl flooringAir conditioning
    Explore the endless possibilities with this high-traffic, prime commercial mixed-use property located in the heart of New Bedford! This exceptional turn-key property presents a unique opportunity for both investors and entrepreneurs. The first floor of this property is currently utilized as an updated office space with air conditioning, half bath, brand new vinyl flooring, and fresh walls offering an ideal setup for a wide range of businesses. With its prominent street-level presence and ample window space, your business will benefit from excellent visibility and exposure to the bustling foot and vehicular traffic that frequents this dynamic area. The second floor features a spacious two-bedroom one bathroom unit that adds an extra layer of value to this investment. Whether you choose to live in it yourself or take advantage of the opportunity to generate rental income, this unit offers flexibility to meet your financial goals. This well taken care property is ready for its new owner!

    Zillow last checked:

    Listing updated:

    Listed by:

    Melanie Frates 954-270-4485,

    RE/MAX Vantage 508-999-4424

    Bought with:

    Melanie Frates

    RE/MAX Vantage

    Source: MLS PIN,MLS#: 73152605

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Ductless
    Cooling
    • Ductless
    Features
    • Storage, Office/Den
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,900
    • Total interior livable area: 1,900 sqft

    Property

    Lot
    • Size: 5,898 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 2897214
    • Zoning: MUB

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 Family - 2 Units Up/Down
    Materials
    • Foundation: Block
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: New Bedford

    Financial & listing details

    • Price per square foot: $150/sqft
    • Tax assessed value: $179,300
    • Annual tax amount: $4,480
    • Date on market: 9/6/2025
    • Total actual rent: 1600

    Price history

    DateEventPrice
    2/29/2024Sold$284,900$150/sqft
    Source: MLS PIN #73152605 Report a problem
    1/4/2024Contingent$284,900$150/sqft
    Source: MLS PIN #73152605 Report a problem
    12/21/2023Listed for sale$284,900$150/sqft
    Source: MLS PIN #73152605 Report a problem
    11/9/2023Listing removed--
    Source: MLS PIN #73152605 Report a problem
    9/26/2023Price change$284,900-4.7%$150/sqft
    Source: MLS PIN #73152605 Report a problem
    9/12/2023Listed for sale$299,000+20.1%$157/sqft
    Source: MLS PIN #73152605 Report a problem
    10/21/2021Listing removed--
    Source: RE/MAX International Report a problem
    6/29/2021Price change$249,000-4.2%$131/sqft
    Source: MLS PIN #72817323 Report a problem
    4/20/2021Listed for sale$259,900+13%$137/sqft
    Source: MLS PIN #72817323 Report a problem
    10/10/2018Listing removed$229,900$121/sqft
    Source: Coastal Realty #72306696 Report a problem
    4/11/2018Listed for sale$229,900+318%$121/sqft
    Source: Coastal Realty #72306696 Report a problem
    1/11/2001Sold$55,000+358.3%$29/sqft
    Source: Public Record Report a problem
    11/20/1998Sold$12,000$6/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $297,800 +8%
    2024-- $275,800 +53.8%
    2023-- $179,300 +14.3%
    2022-- $156,900 +11%
    2021-- $141,400 +1.2%
    2020-- $139,700 -1.8%
    2019-- $142,200 +2.2%
    2018-- $139,200
    2017-- $139,200 +2.4%
    2016-- $136,000
    2015-- $136,000
    Find assessor info on the county website

    Neighborhood: 02740

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $427,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $427,500