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Investment Highlights

  • Potential for Expansion and Re-Development
  • Located in a Luxury Subdivision with $1m+ homes
  • Steady Rental History

Executive Summary

A rare investment in the heart of a $1m+ high end on the South Shore. 15-19 Erikson Ln offers the next owner immediately income and the potential for future expansion or redevelopment in a highly sought after part of Pembroke, minutes to shopping and retail. Built in 1985 these (2) two-family properties each sit on an individual lot with a third included lot housing the driveway and entry point. Very little vacancy over the past few decades, this is a rare opportunity to buy updated and well cared for units with room to add value. Explore the project of your dreams, look at adding an ADU to each building, or earn income while getting approvals on a bigger project. A rare opportunity for short term cash flow and long term value in a rising South Shore market. Tons of updates over the years, driveways done in 2026, furnaces are 3 years old, roofs have been replaced.

Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $1,800,000
Price / SF $816.70 / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
  • Redevelopment Project
Cap Rate 5.30%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 2,204 SF
Total Land Area 1.00 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
15 Erikson Ln, Pembroke, MA 02359 Multifamily 2,204 SF 1985 -
Show More > < Show Less
  • Listing ID: 41535881

  • Date on Market: 8/3/2026

  • Last Updated:

  • Address: 15 & 19 Erikson Ln, Pembroke, MA

Contact the Sale Advisor

15 & 19 Erikson Ln

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