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You are here:
Home Massachusetts New Bedford Multi-Family Homes for Sale

629 Purchase St New Bedford, MA 02740

$680,000
6 Unit
7 Beds
6 Baths
5765 SQFT
0.13 Acre
629 Purchase St
New Bedford, MA 02740

Property Description

Property is mixed use (2 buildings on 1 Lot) w/ a 5 family residence & a stand alone loft building currently permitted for residential use. Property also being offered at 6 figure discount if purchased with 65 Hillman St. Together, 11 rental incomes for sale at $1.22mm, comprised of 4 buildings: 65 Hillman Street & detached garage, 629 (5 units) & 623 (stand alone unit) Purchase St. (includes coin-op laundry). Tenants pay all of their own utilities. Many upgrades including newer architectural & rubber membrane roofs, high efficiency mini-splits (all Purchase St. units), replacement windows, circuit breakers, rehabbed interiors, new oil tank. Letter of Full Initial Lead Inspection Compliance for 65 Hillman St. 3rd floor apartment & common areas in hand. Properties feature desirable downtown locations close to restaurants, shops, museums & MBTA station. All public utilities, all units fully applianced, separated electrical services, fully fenced private yards. Please see other listings.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 9
  • Total Bedrooms: 7
  • Total Full Baths: 6
  • Total Fireplaces: 4
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Stables, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Bulkhead, Concrete Floor, Full, Interior Access, Unfinished Basement
  • Common Interior Features: Programmable Thermostat, Tile Floor

Financial

  • APOD Available: Yes
  • Gross Operating Income: 73800
  • Net Operating Income: 64200

Utilities

  • Heat Zones: 10
  • Cooling Zones: 6
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows, Prog. Thermostat
  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Unit 4 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1922
  • Type: 5-9 Family
  • Construction Type: Aluminum, Block, Brick, Frame, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73313350
  • Last Updated: 11/16/24
  • Terms: Contract for Deed, Rent w/Option

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
11/16/2024New$680,000$118MLSPIN

Mortgage Calculator

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Map & Resources

Nativity Prep School

Private School, Grades: 5-8

0.07mi

Nativity Prep School

Private School, Grades: 5-8

0.08mi

Kennedy Donovan Center

Special Education, Grades: SP

0.23mi

Whaling City Junior/Senior High School

Public Secondary School, Grades: 6-12

0.34mi

St. James-St. John School

Private School, Grades: PK-8

0.36mi

Saint Marys School

School

0.37mi

Sgt. William H. Carney Memorial Academy Elementary School

Public Elementary School, Grades: PK-5

0.44mi

Holy Family-Holy Name School

Private School, Grades: PK-8

0.52mi

Green Bean

Cafe

0.13mi

Cafe Arpeggio

Comfort Food & Quick Bite & Breakfast (Cafe)

0.19mi

The Nook

Coffee Shop, Pizza (Cafe)

1.32mi

McDonald's

Burger (Fast Food)

0.35mi

Mey Breakfast

Donut (Fast Food)

1.09mi

Daily Made Donuts

Donut (Fast Food)

1.36mi

The Ice Cream Cottage

Ice Cream Parlor

1.09mi

Brick Pizzeria Napoletana

Pizzeria

0.13mi

New Bedford Fire Department

Fire Station

0.47mi

New Bedford Fire Department

Fire Station

0.69mi

New Bedford Fire Department

Fire Station

1.2mi

New Bedford Fire Department

Fire Station

1.25mi

New Bedford Fire Department

Fire Station

1.58mi

Fairhaven Fire Department

Fire Station

1.8mi

New Bedford Police Station

Police

0.16mi

NOAA Fisheries

Police

0.31mi

Buttonwood Park Zoo

Zoo

1.34mi

TL6 the Gallery

Gallery

0.19mi

Gallery X

Gallery

0.25mi

New Bedford Art Museum

Museum

0.19mi

New Bedford Whaling Museum

Museum

0.2mi

New Bedford Fishing Heritage Center

Museum

0.28mi

New Bedford Fire Museum

Museum

0.29mi

New Bedford YMCA

Sports Centre

0.13mi

Betsey B. Winslow School Baseball Field

Sports Centre. Sports: Baseball

1.13mi

Paul Walsh Field

Sports Centre. Sports: Baseball

1.21mi

Carabiners

Fitness Centre. Sports: Climbing, Fitness

1.32mi

Carabiner's

Fitness Centre

1.33mi

New Bedford Whaling National Historical Park Boundary

Park

0.1mi

Wings Court Park

Park

0.13mi

Custom House Square Park

Park

0.16mi

Baby Kenny's Tot Lot

Park

0.16mi

54th Massachusetts Plaza

Park

0.19mi

Paul Cuffe Park

Park

0.19mi

Montes Park

Park

0.23mi

Coast Guard Park

Municipal Park

0.25mi

South First Street Tot Lot

Recreation Ground

0.82mi

South First Street Tot Lot

Recreation Ground

0.82mi

Harrington Playground

Playground

0.75mi

Bonney St. Playground

Playground

1.04mi

Betsey B. Winslow School Playgrond

Playground

1.05mi

New Bedford Free Public Library

Library

0.19mi

New Bedford Law Library

Library

0.22mi

Casa Da Saudade Branch Library

Library

0.76mi

Health Sciences Library

Library

0.77mi

Millicent Library

Library

1.18mi

Howland-Green Branch Library

Library

1.19mi

Lawler Branch Library

Library

1.21mi

Bush Quality Cleaners

Laundry

1.29mi

Speedway

Convenience

1.27mi

Cumberland Farms

Convenience

1.38mi

Rent-A-Center

Furniture

1.28mi

Globe Furniture Warehouse

Furniture

1.35mi

Stop & Shop

Supermarket

1.18mi

Demello's Market

Supermarket

1.19mi

Stop & Shop

Supermarket

1.23mi

Family Dollar

Variety Store

1.02mi

Seller's Representative: Nick Helgesen, Better Living Real Estate, LLC
MLS ID#: 73313350

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2024-11-16 17:07:00