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1956 Purchase Street

New Bedford, MA 02740
$284,900
2 Beds
1/1 Bath
1,900 Living Area
  • Property Description
    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!
  • Highlights
    • Cooling: Ductless
    • Property Class: Residential Income
    • Total Rooms: 8
    • Status: Closed
    • Heating: Ductless
    • Property Type: 2 Family - 2 Units Up/Down
    • Year Built: 1910
  • Additional Details
    • Foundation: Block
    • Lot Features: Corner Lot
    • Year Built Details: Actual
    • Zoning: Mub
    • Interior Features: Storage, Office/Den
    • Total Number of Units: 2
    • Year Built Source: Public Records
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $179,300
    • Compensation Based On: Net Sale Price
    • Taxes: $4,480
    • Buyer Agent Compensation: 2%
    • Tax Year: 2023
    • Total Rent: $1,600

Location

1956 Purchase Street, New Bedford, MA 02740

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of RE/MAX Vantage. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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