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15 & 19 Erikson Ln 1 Multifamily Properties Offered at $1,800,000 in Pembroke, MA



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
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 15 Erikson Ln, Pembroke, MA 02359 | Multifamily | 2,204 SF | 1985 | - |
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15 & 19 Erikson Ln
