1 Hatherly rd 6 Unit Apartment Building Offered at $2,775,000 at a 6% Cap Rate Scituate, MA 02066

Northeast Private Client Group, Inc. is pleased to present Sky & Ocean Villa at
Barker Estate, a six-unit waterfront multifamily property at 18 Hatherly Road in
Scituate, Massachusetts — a coastal South Shore town within walking distance of
Scituate Harbor and minutes from the MBTA’s Greenbush commuter line into
Boston.
Set on the historic 1632 Barker Estate — original farmlands, marshes, stone walls,
and ancient oaks — the newly renovated coastal property presents more as a
private waterfront villa than a conventional apartment building. It holds a
balanced mix of two one-bedroom apartments, three two-bedrooms, and a
studio, served by gas forced-hot-air heat, with the landlord covering utilities
across the building.
Amenities run to a mineral pool and hot tub, a yoga studio and spa bath, and
balconies and covered porches with waterfront views, with parking for fourteen
vehicles on-site. The property is fully leased, delivering established income today,
while in-place rents sit below achievable levels — marking them to market as
leases turn adds cash flow without touching the physical plant.
Beyond its in-place multifamily income, the estate’s scale and grounds lend
flexibility for private events, retreats, and hospitality uses, subject to applicable
approvals. Its walkable position near Scituate Harbor and the Greenbush line into
Boston keeps rental demand firm and supports the runway to market rents.
Please reach out to the deal contacts for more information.