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INVESTMENT SNAPSHOT
About this property
Get a load of this! Welcome to this massive cottage-style 2-family, great for a growing family or the investor looking to maximize their return on investment. Located minutes away from the downtown area. This baby comes with two great-sized kitchens, which are a dime a dozen in New Bedford. Unit one hosts a massive double parlor great for family parties or gatherings. Paired with 3 bedrooms, and 1 bath. As you make your way upstairs, you are greeted by a recently renovated 4 bedrooms, 1 bath with an oversized double parlor of its own. 311 Purchase has recent renovations and upgrades such as newer windows, hot water tanks, and a new roof making it ideal for someone like you. The third level comes with the ability to potentially add 4 bedrooms or an extra unit to help you maximize profits. Don't sleep or blink you might miss it. Along with the potential this property offers, the accessibility makes it desirable. Located on a major bus route and minutes from the highway & Shopping Center
Property details
| Units | 2 |
| Living area | 2,410 sqft |
| Lot size | 2,465 sqft |
| Year built | 1886 |
| Price / sqft | $187 |
| County | Bristol |
| MLS # | 73498761 |
Listing status
| Days on market | 59 days |
| Listed on | April 8, 2026 |
Taxes & financials
| Annual property tax | $4,392 |
| Tax year | 2025 |
| Assessed value | $388,300 |
| Zoning | RB |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 13 |
| Lot size | 0.06 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | Paved Drive, Other |
| Basement | Full, Interior Entry |
| Foundation | Concrete Perimeter, Block, Other |
| Roof | Shingle, Other |
| Construction | Frame, Stone, See Remarks |
| Flooring | Wood, Plywood, Tile, Carpet |
Utilities & systems
| Heating | Baseboard, Natural Gas, Unit Control, Wall Unit, Other |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range |
| Appliances | Range, Refrigerator, Other |
Location
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Listing courtesy of RE/MAX Synergy — Luis Martins Realty Team. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 311 Purchase St, New Bedford MA 02740 have?
It is a 2-unit multi-family property with 2,410 sqft of living area, built in 1886.
How long has 311 Purchase St, New Bedford MA 02740 been on the market?
311 Purchase St, New Bedford MA 02740 has been listed for 59 days (since April 8, 2026).
What is the estimated cap rate on this 2-family in New Bedford?
Based on area median rents, the estimated cap rate is about 5.2%, with a Signal Score of 88/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $449,900 across 2 units, that works out to roughly $224,950 per unit.
What are the property taxes on 311 Purchase St, New Bedford MA 02740?
Annual property taxes are $4,392 (2025), on an assessed value of $388,300.
What is the price per square foot?
At $449,900 for 2,410 sqft, that's about $187 per square foot.
Where is this property located?
311 Purchase St, New Bedford MA 02740 is in New Bedford, Bristol County, MA 02740.
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