Mixed-Use Multifamily Duplex
For Sale
Contact for pricing
Pending
155 PURCHASE ST, New Bedford, MA 02740
Two-unit residential property in MUB zoning, offering a practical mixed-use and owner-occupant fit near downtown.
Property Size3,520 SF
Lot Size0.10 Acres
Days on Market60
Property Features for 155 PURCHASE ST
General Information
Standard status
Pending
Size
3,520 SF
Class
C
Lot size
0.10 Acres
Property subtype
Mixed Use
Zoning
MUB
Additional Details
Multifamily Units
2
Building Details
Year Built
1890
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Elite Commercial Realty
(401) 333-4900
Listed By:
Michael Alves · License #REC.0016995
Source:
Crexi
Added: Jun 22
Changed: Aug 8
Last Checked: Jul 29 at 4:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elite Commercial Realty
Investment Insights
Based on property information with market context.
This mixed-use multifamily property consists of two residential units on a single site. Unit 1 is a 4-bedroom, 2-bath layout, and Unit 2 is a 2-bedroom, 1-bath layout, providing two distinct dwelling configurations within the building. The property is identified as a duplex-style income asset and is positioned to support continued residential use while also fitting within the property’s mixed-use zoning framework.
The site is located at 155 Purchase St in New Bedford, in the MUB (Mixed-Use Business) zoning district. The public remarks describe the property as being near downtown, the waterfront, local shops and restaurants, and major transportation routes, supporting convenient access to surrounding day-to-day needs.
For buyers, the combination of two residential units and MUB zoning can appeal to investors seeking an income-generating property, as well as owner-occupants who may prefer living in one unit while renting the other. Developers and value-add buyers may also view the asset as a redevelopment candidate consistent with the mixed-use business zoning designation.
The site is located at 155 Purchase St in New Bedford, in the MUB (Mixed-Use Business) zoning district. The public remarks describe the property as being near downtown, the waterfront, local shops and restaurants, and major transportation routes, supporting convenient access to surrounding day-to-day needs.
For buyers, the combination of two residential units and MUB zoning can appeal to investors seeking an income-generating property, as well as owner-occupants who may prefer living in one unit while renting the other. Developers and value-add buyers may also view the asset as a redevelopment candidate consistent with the mixed-use business zoning designation.
Key Highlights
- Mixed‑use business (MUB) zoning with 2 residential units at 155 Purchase St, New Bedford, MA
- Building size: 3,520 SF on a 0.1037‑acre lot (year built 1890)
- Unit 1: 4 bedrooms and 2 bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
966
Businesses Nearby
Explore this area
Business Placement
Demographics for 02740, MA
45,166
Population
20,532
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
77%
High-School Grad
5.7 sq mi
ZIP Area
7,924
Density / Sq Mi
$54,563
Median Household Income
$39,310
Median Earnings
$1,052
Median Rent
$303,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property in MUB zoning, offering a practical mixed-use and owner-occupant fit near downtown.
Where is this duplex located?
The property is located at 155 PURCHASE ST New Bedford, MA.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Mixed‑use business (MUB) zoning with 2 residential units at 155 Purchase St, New Bedford, MA; Building size: 3,520 SF on a 0.1037‑acre lot (year built 1890); Unit 1: 4 bedrooms and 2 bathrooms
