1587 Purchase St New Bedford, MA ^$ 649,000

1587 Purchase St

^$ 649,000

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Open House 1/3 12pm - 1pm

1587 Purchase St

New Bedford, MA, 02740

^$ 649,000

Bedrooms8 Baths3.0 Sq 3,096

Monthly Estimate*

^$ 4,049

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Multi-Family Home for sale in New Bedford, MA

for $649,000 with 8 bedrooms and 3 full baths. This 3,096 square foot home was built in 1873 on a lot size of 0.13.

Special opportunity to have a centrally located, Fully gut renovated owner occupied or investment property, less than half a mile away from the new South coast commuter rail station. This 2 family boasts 3 bedrooms and 1 bath in the first unit and 5 bedrooms and 2 full bathrooms in a townhouse style 2nd unit, including great views of the city on the penthouse level and in-unit laundry in both units! Some of the updates in these open concept living units include, new cabinets with beautiful quartz countertops, kitchen Island, new Stainless Steel appliances, Brand new roof system, new electrical service and wiring, new plumbing, new forced hot air heating systems, new hot water tanks, new bathrooms w/ laundry connections, new vanities, fixtures and shower tile, new insulation, new drywall and paint, and new Luxury vinyl plank flooring. Off street parking, large basement with high ceilings and a large yard add to the final touches of this unique property. Schedule your showing today!

Open House

1/3/2026 12:00 PM - 1:00 PM

1/4/2026 12:00 PM - 1:00 PM

1587 Purchase St New Bedford, MA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

^$ 649,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,032

Style

Multi Family

Lot Size

0.13

Year Built

1873

Town/City

New Bedford

County/Region

Bristol

MLS | Web ID

73464140

List By

David Thompson

Listing Agent

Stuart St James, Inc.

Broker

Affordability Calculator

$4,468

Per Month

Monthly Principal & Interest: $4,049
Monthly Property Taxes: $419
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Multi-family listings in New Bedford, MA

Average List Price ^$655,764

Percent of Sale Price 1%

About New Bedford, MA

97,216 Population

4% Since 2002

^$38,714 Median Income

38.73 Median Age

28% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
12/30/2025	$649,000		Listed Price

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1587 Purchase St, New Bedford, MA, 02740 is a Multi-Family Home for sale at $649,000 with 3,096 sqft and a lot size of 0.13. 1587 Purchase St has 8 bedrooms, 3.0 baths, and was built in 1873. The property's zip code is 02740 which is in New Bedford, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 12/31/2025.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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1587 Purchase St

Multi-Family Home for sale in New Bedford, MA

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