30 North Water Street New Bedford — Photo 1 of 26
Recent Drop: $50,000
$599,000
Investment Analysis — 30 North Water Street
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 0.68% cap rate and $4,078/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.
Beds
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Baths
1
SqFt
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Style
Other
Built
2005
PRICE JUST REDUCED BY $50,000. Own The Corner! Take advantage of this rare opportunity to acquire a prime 1st floor RETAIL condominium AND a coveted OFF STREET PARKING SPACE, on New Bedford's most photographed iconic Downtown cobblestone corner of Centre & North Water Streets. This retail space features 2 walls of floor to ceiling windows perfect for customer visibility, a large open concept retail space with private back office (which can be used for additional retail/storage space) bathroom & green space courtyard with sitting area. Additional large storage room in the basement is also included. Located directly behind the Whaling Museum & surrounded by successful restaurants, hotels & art galleries, and just minutes from the Martha's Vineyard/Nantucket Fast Speed Ferry & the Boston T Station.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$599,000
Was $649,000
Jul 10, 2026
MLS® 73502751
$649,000
Apr 16, 2026
MLS® 73502751
Listing Agent: Jane Kalife Paul
Listing Office: Conway - Mattapoisett
MLS® Number: 73502751