629 Purchase Street

New Bedford, MA 02740

$680,000
Price
7
Beds
6
Baths
5,765 Sq. Ft.
$118 / Sq. Ft.
5,765
Sq. Ft.
$118
per Sq. Ft.

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...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.
  1. Listed by Nick Helgesen • Better Living Real Estate, LLC

Property Details for 629 Purchase Street

Town
New Bedford
MLS Area
Center
Area
MA-New Bedford-Center, MA-New Bedford
Style
Garden
Garage Spaces
0
Parking Spaces
.00
LISTING UPDATED: 11/16/2024 05:10 PM

Property Details for 629 Purchase Street

StatusNew
MLS #73313350
Days on Market1
Taxes$5,834 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1922
CountyBristol County

Building Information for 629 Purchase Street

Stories9Residences6Year Built1922Building Size-Lot Size0.13 AC / 5,506 SF

Property Information for 629 Purchase Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Sidewalks
  • Living Area: 5765.0
  • Color: Blush
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate,Renovated Since,Unknown/Mixed
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: Yes
  • Fireplaces: 4
  • Flooring: Tile, Hardwood
  • SpaYN: No
  • Window Features: Insulated Windows, Screens
Exterior Features
  • Construction: Frame, Brick, Block
  • Exterior Features: Rain Gutters, Garden
  • Exterior Features: City View(s), Fenced Yard, Screens, Garden Area, Porch, Deck - Wood
  • Fencing: Fenced/Enclosed, Fenced
  • Lot Description: Cleared, Level
  • Patio And Porch Features: Porch, Deck - Wood
  • Roof Material: Shingle, Rubber
  • View: City View(s), City
  • View: Yes
  • Waterfront Features: Beach Front, Bay, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Electric: Circuit Breakers
  • Green Energy Efficient: Thermostat, Varies per Unit
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Oven
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Property is mixed use with a 5 family residence & a stand alone building currently permitted for residential use. It is being offered for sale with 65 Hillman Street (4 units & detached garage) at a six figure discount,OR they may be purchased individually.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:0046 L:0104,2890656
  • Assessments: $486,200
  • Book: 9116
  • Tax Year: 2024
  • Zoning: MUB
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Cooling Units: 6
  • Cooling Zones: 6
  • Heat Zones: 10
Income / Expenses
  • GOI: $73,800.00
  • NOI: $64,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 2
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,150.00

Property History for 629 Purchase Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 629 Purchase Street

Taxable ValueLand$116,300Additions$369,900Total$486,200
Home Facts
Lot Size5,506 SqFtStyleOffice BuildingZoningMUBCountyBRISTOLAPNNEWB M:0046 L:0104

Schools near 629 Purchase Street

This home is within New Bedford School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Alfred J Gomes
PublicPK to 5

Renaissance Community School For The Arts
PublicPK to 5

Roosevelt Middle School
Public6 to 8

New Bedford High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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629 Purchase Street is a multi-family home for sale in New Bedford, MA 02740. This property was listed for sale on November 16, 2024 by Better Living Real Estate, LLC, it's currently listed at $680,000. It has been on the market for a total of 1 days and was last sold on August 11, 2008. This listing's school district is New Bedford School District. Nearby schools include Alfred J Gomes, Renaissance Community School For The Arts and Roosevelt Middle School. 629 Purchase Street is a 7-bed, 6-bath, 5,765 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Better Living Real Estate, LLC, Nick Helgesen

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.