Active
152 Days on market
123 Sawyer St #1 New Bedford — Photo 1 of 24

123 Sawyer St #1 New Bedford — Photo 1 of 24

Recent Drop: $26,000

$525,000
$499,000

$499,000

Investment Analysis — 123 Sawyer St #1

New Bedford, MA 02746

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 2-bedroom in 02746 carries an estimated $1,490/mo in gross rent — about a 0.45% cap rate and $2,261/yr in estimated NOI at the $499,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

2,361

Style

Condominium

Built

1910

Welcome to The Ropeworks Condominium, a historic 1910 mill building converted in 2004. One of the largest units in the building, this unique loft-style home features soaring 20-foot ceilings, oversized windows, and abundant natural light. The flexible floor plan offers 2 bedrooms, 2 full baths, a modern kitchen, clawfoot tub, and in-unit laundry. A rare opportunity, this is the only unit with potential retail/commercial use, ideal for artists, makers, and creative entrepreneurs. The separate studio space includes a private entrance and sink, making it perfect for a gallery, tattoo studio, retail showroom, or potential first-floor bedroom conversion. Enjoy a garden box, shared outdoor space, ample parking, and a walkable location near Market Basket, Haskell Gardens, parks, and major highways. A truly one-of-a-kind live/work opportunity.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$525,000
Annual Taxes$5,588
HOA Fee$478.3

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingCentral Air, Ductless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofRubber
Foundation--
ZoningMUB

Property & Lot

Acres1.78
SqFt Lot77,387
Lot Features--

Amenities & Appliances

Range • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Shopping • Park • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomKitchenBathroom 1
Living Room
Lvl First

Skylight, Cathedral Ceiling(s), Flooring - Hardwood

Kitchen
Lvl First
Primary Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bathroom 1
Lvl First
Bathroom 2
Lvl Second

Property History

Price Drop
$499,000

Was $525,000

May 9, 2026

MLS® 73501078

Listed
$499,000

May 6, 2026

MLS® 73513897

Listed
$525,000

Apr 14, 2026

MLS® 73501078

Listing Provided By

Listing Agent: Abbie Chambers

Listing Office: Bold Real Estate Inc.

MLS® Number: 73501078