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Water Street Lofts 10 Water St 9 Unit Apartment Building $2,795,000 ($310,556/Unit) 7.48% Cap Rate Plymouth, MA 02360
Investment Highlights
- 9 Units New Construction
- Steps to Plymouth Harbor
- Many nearby restaurants and amenities
- 6 1-Bed plus 2 Loft-style 1-Bed
- Private and Municipal Parking
Executive Summary
Located in historic Downtown Plymouth and steps to Plymouth Harbor, this is an opportunity to own new construction multifamily in a highly sought after market. The building has 6 1BR 1BA units, 2 Lofted 1BR 1BA units and 1 commercial unit. Walking distance to a thriving cultural and restaurant scene including East Bay Grille, Tavern on the Wharf, Vitamin Sea Brewing and 71 Degrees West.
Property Facts
| Price | $2,795,000 | Apartment Style | Low-Rise |
| Price Per Unit | $310,556 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.26 AC |
| Cap Rate | 7.48% | Building Size | 6,744 SF |
| No. Units | 9 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | ||
| Zoning | DH - Downtown/Harbor District | ||
| Price | $2,795,000 |
| Price Per Unit | $310,556 |
| Sale Type | Investment |
| Cap Rate | 7.48% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 6,744 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | DH - Downtown/Harbor District |
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Walk Score®
Very Walkable (86)
Property Taxes
| Parcel Number | PLYM M:0020 B:0000 L:0110 | Improvements Assessment | $2,200 |
| Land Assessment | $17,600 | Total Assessment | $19,800 |
Property Taxes
Parcel Number
PLYM M:0020 B:0000 L:0110
Land Assessment
$17,600
Improvements Assessment
$2,200
Total Assessment
$19,800
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Water Street Lofts | 10 Water St
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