Active
5 Days on market
1510 Padanaram Ave New Bedford — Photo 1 of 17

1510 Padanaram Ave New Bedford — Photo 1 of 17

$549,900

Investment Analysis — 1510 Padanaram Ave

New Bedford, MA 02740

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a home in 02740 carries an estimated $1,160/mo in gross rent — about a 0.73% cap rate and $4,005/yr in estimated NOI at the $549,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

--

SqFt

4,600

Style

Other

Built

1930

Seller to offer private financing with 20% down and 6.5% interest rate!! This unique opportunity features private beach access and the option to add your own private dock, making it ideal for a wide variety of high-end uses. Currently a blank slate, the building is a shell—ready for you to customize to suit your vision. Whether you're dreaming of an upscale restaurant, executive office suites, or stylish residential condos, the possibilities are truly endless. Property highlights: Waterfront location with private beach access, Potential for private dock installation Two large loading doors – perfect for continued commercial use Spacious second floor – ideal for offices or possible living quarters Modern, energy-efficient windows throughout Breathtaking water views, especially from the upper level Ample parking with a large paved lot Three-phase electric power Flexible layout – blank canvas for your custom design This is a rare 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 MLS and other third-party data may be inaccurate or out of date.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$549,900
Annual Taxes$6,574

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
RoofAsphalt/Composition Shingles
Foundation--
ZoningIB

Property & Lot

Acres0.22
SqFt Lot9,500
Lot Features--

Geography

Property History

Listed
$549,900

Sep 8, 2026

MLS® 73572981

Expired
$549,900

Sep 7, 2026

MLS® 73512778

Listed
$549,900

May 5, 2026

MLS® 73512778

Expired
$599,000

Apr 27, 2026

MLS® 73436523

Listed
$599,000

Sep 27, 2025

MLS® 73436523

Expired
$649,900

Jul 24, 2025

MLS® 73364508

Listed
$649,900

Apr 24, 2025

MLS® 73364508

Expired
$699,900

Mar 25, 2025

MLS® 73253873

Listed
$699,900

Jun 18, 2024

MLS® 73253873

Expired
$300,000

Nov 21, 2007

MLS® 70476390

Listed
$300,000

Oct 17, 2006

MLS® 70476390

Listing Provided By

Listing Agent: Adam R. Amaral

Listing Office: Amaral & Associates RE

MLS® Number: 73572981