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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

Property Facts

Price $649,003 CAD
Price Per Unit $324,502 CAD
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 - -
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 40990988

  • Date on Market: 2026-06-19

  • Last Updated:

  • Address: 155 Purchase St, New Bedford, MA 02740

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