115 Mill St, New Bedford, MA 02740
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$675,000
3 Unit
5 Beds
4 Baths
3296 SQFT
0.11 Acre

Property Description

Nestled in the heart of New Bedford, 115 Mill Street is a rare find—a Colonial home thoughtfully converted into a three-family property that blends timeless charm with modern convenience. Ideal for investors or multi-generational living, it offers space, style, and versatility. The first-floor unit spans 2,125 sq. ft., featuring two large bedrooms, a full bath, in-unit laundry connection, and a stunning living area brimming with original character. Upstairs, the second unit includes a bright kitchen, cozy living room, and a well-sized bedroom, while the third-floor attic apartment offers high ceilings, and a serene one-bedroom retreat. With three newer heating systems, separate utilities, an updated roof, vinyl windows, driveway parking for three, and a private backyard, this property is practical and low-maintenance. Plus, it’s short distance to the MBTA Commuter train station and Historic Downtown. This versatile, income-producing property is ready for its new owner.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Total Fireplaces: 4
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living RM/Dining RM Combo, Living Room, Mudroom
  • Common Interior Features: Bathroom With Tub & Shower, Crown Molding
  • Common Appliances: Dishwasher, Range, Refrigerator
  • Common Heating: Gas, Geothermal Heat Source, Hot Air Gravity, Hot Water Baseboard, Individual, Oil
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Gross Operating Income: 69000
  • Gross Expenses: 6305
  • Electric Expenses: 1020
  • Water/Sewer: 825
  • INSC: 4460
  • Net Operating Income: 69000

Utilities

  • Electric Info: 200 Amps, Circuit Breakers, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73516299
  • Last Updated: 05/15/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/15/2026Active$675,000$205MLSPIN
05/11/2026New$675,000$205MLSPIN
06/19/2025Sold$530,000$161MLSPIN
05/29/2025Under Agreement$579,000$176MLSPIN
05/21/2025Contingent$579,000$176MLSPIN
04/21/2025Active$579,000$176MLSPIN
04/17/2025Price Change$579,000$176MLSPIN
03/28/2025Active$599,000$182MLSPIN
03/24/2025New$599,000$182MLSPIN

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Seller's Representative: The Mathew J. Arruda Group, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-05-15 03:05:00

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