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282 Allen St, New Bedford, MA, 02740

4beds
2baths
2,287sqft
$535,000
$234price/sqft
$3,925/moest. monthly cost
$157,000/yrincome needed

About This Home

Renovated Mixed-use, Commercial and Residential Building with 4-bedroom Unit above Unit 1 was currently operating as a convenience store. Many updates such as a New Roof, New Sewer Line, New Heating, New floor and Cooler. 2nd Unit renovated to studs. Various type of Business may do too as long as City allows. Near St. Lukes Hospital and other medical facility and close to highway, schools and parks. Lottery to be applied for in new name and Liquor & tobacco license not included.

Getting Around

69
WalkingSomewhat Walkable
40
TransitSome Transit
56
BikeBikeable

Schools

3/10
Keith Middle SchoolGrades 6-81.6 mi
1/10
New Bedford High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1894

Materials

  • Foundation: Other

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Finished area above ground: 2,287

Interior Area

  • Total structure area: 2,287
  • Total interior livable area: 2,287 sqft

Property

Details

  • Parcel number: 2887751
  • Zoning: MUB

Features

  • Waterfront features: 1 to 2 Mile To Beach

Lot

  • Lot size: 1,390 sqft
  • Features: Corner Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,705$32,460
Home Insurance *$311$3,732
Property Taxes $459$5,508
Electricity $450$5,411
Total$3,925$47,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$134,571/yr
40% on housing$117,750/yr
45% on housing$104,666/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$234This listing

vs Other Active Listings

Avg $/sqft

ZIP 02740$229
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02740$297
Bristol County$339

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-15Price change$535,000
2026-06-28Listed for sale$545,000
2024-04-17Sold$344,900
2024-04-03Contingent$344,900
2024-03-13Listed for sale$344,900
2024-01-02Contingent$344,900
2023-12-15Price change$344,900
2023-11-11Price change$347,500
2023-10-12Price change$349,900
2023-08-12Listed for sale$359,900
2019-09-16Sold$187,000
2019-05-30Listing removed$194,900
2019-05-16Pending sale$194,900
2019-04-18Price change$194,900
2019-02-15Price change$199,900
2019-01-25Price change$209,900
2018-12-14Price change$219,900
2018-10-13Price change$239,900
2018-09-12Price change$249,900
2018-08-04Listed for sale$269,900
2018-05-18Listing removed$269,900
2018-03-28Listed for sale$269,900
2017-12-12Listing removed$279,000
2017-08-29Price change$279,000
2017-08-03Listed for sale$299,000
1994-06-01Sold$81,000

For Sale by Agent

AgentMaria Fontes
BrokerageConway - Dartmouth

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