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12 Park Ave - Nantasket Beach Lodging 5,930 SF Specialty Building Offered at $2,250,000 at a 8.71% Cap Rate in Hull, MA 02045

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INVESTMENT HIGHLIGHTS

  • 29 Unit Hospitality Property
  • 4 Common Bathrooms | Common Area Kitchen
  • Master Key | ADA Compliant Room
  • One Apartment and 28 SRO Units
  • Fully Sprinklered | Gut Renovated in 2015

EXECUTIVE SUMMARY

Northeast Private Client Group is pleased to present the Nantasket Beach Lodging property located at 12 Park Avenue in Hull, Massachusetts.
The 29 unit property contains a one-bedroom apartment with 28 SRO units. There are four common area bathrooms that serve the SRO units as well as a common area kitchen for tenants. The building is fully sprinklered and was gut renovated in 2015 featuring new heat and electric. The property also features one ADA compliant room.
All interested and qualified parties will be able to tour the property during scheduled showings.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $2,250,000
Price Per SF $379.43
Sale Type Investment
Cap Rate 8.71%
Property Type Specialty
Property Subtype Lodge/Meeting Hall
Building Class C
Lot Size 0.08 AC
Building Size 5,930 SF
No. Stories 4
Year Built 1910
Corridor Interior
Zoning MFA - Multi Family zoning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HULL-000038-000000-000029
Land Assessment
$170,900
Improvements Assessment
$707,500
Total Assessment
$878,400
  • Listing ID: 36979525

  • Date on Market: 7/29/2025

  • Last Updated:

  • Address: 12 Park Ave, Hull, MA 02045

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