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72 Main St 10 Unit Apartment Building $2,000,000 ($200,000/Unit) Wareham, MA 02571
Investment Highlights
- 10-Unit Multifamily Property | Value-add Opportunity
- Tenant Paid Electric | On-site Laundry | Off-street Parking
- (1) Commercial, (1) Studio, (7) One Bed & (1) Two Bed Unit
- Potential Development for Additional Units in Carriage House
Executive Summary
Northeast Private Client Group is pleased to present The Main Street Multifamily.
This impressive property boasts a 7,529 SF building containing 9 multi-family units and an additional 3,234 SF commercial space. The property features a strong tenant base and on-site management for easy transition of ownership.
Built in 1870 and meticulously renovated in 2023, the property exudes historic charm while offering modern amenities. Zoned INS, it provides ample potential for various future development and expansion opportunities, ensuring future growth for investors. The carriage in the rear has approvals from the town to be used as commercial space or converted to four additional units.
This impressive property boasts a 7,529 SF building containing 9 multi-family units and an additional 3,234 SF commercial space. The property features a strong tenant base and on-site management for easy transition of ownership.
Built in 1870 and meticulously renovated in 2023, the property exudes historic charm while offering modern amenities. Zoned INS, it provides ample potential for various future development and expansion opportunities, ensuring future growth for investors. The carriage in the rear has approvals from the town to be used as commercial space or converted to four additional units.
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Property Facts
| Price | $2,000,000 | Building Class | C |
| Price Per Unit | $200,000 | Lot Size | 0.74 AC |
| Sale Type | Investment | Building Size | 7,529 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1840 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | Institutional | ||
| Price | $2,000,000 |
| Price Per Unit | $200,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.74 AC |
| Building Size | 7,529 SF |
| No. Stories | 2 |
| Year Built | 1840 |
| Opportunity Zone |
Yes |
| Zoning | Institutional |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Sprinkler System
- Range
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Good public transit
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | WARE-000047-000000-001121 | Improvements Assessment | $638,600 |
| Land Assessment | $167,800 | Total Assessment | $806,400 |
Property Taxes
Parcel Number
WARE-000047-000000-001121
Land Assessment
$167,800
Improvements Assessment
$638,600
Total Assessment
$806,400
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72 Main St
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