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$ 2,000,000
Est. payment | /mo
9 Beds
11 Baths
7,529 SqFt
$ 2,000,000
Est. payment | /mo
9 Beds
11 Baths
7,529 SqFt
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,529 sqft
Price per Sqft $265
MLS Listing ID 73525798
Bedrooms 9
Full Baths 11
Year Built 1870
Annual Tax Amount $10,544
Tax Year 2026
Lot Size 0.730 Acres
Acres 0.73
Property Sub-Type 5-9 Family
Property Description
Northeast Private Client Group is pleased to present The Wareham Narrows Multifamily.This rare value-add opportunity in the heart of the Wareham Narrows Historic District features a 7,529 SF, 9-unit residential building with waterfront views, along with 3,234 SF of commercial space. Built in 1870 and extensively renovated in 2023, the property combines timeless New England character with modern improvements. Less than 20 minutes from Cape Cod, the property benefits from strong rental demand amid tightening on- and off-Cape housing supply and offers significant rent upside, an established tenant base, and on-site management for an easy transition of ownership.Zoned INS, the property offers flexibility for future development and expansion opportunities, while the substantial rear carriage house has town approvals for commercial use or conversion to up to five additional units. Whether you're a value-add investor, local entrepreneur, institutional buyer, or contractor seeking development potential and commercial space, this versatile investment offers multiple avenues to drive additional income and long-term value. Schedule a tour today to explore how this unique asset can fit into your portfolio..
Location
State MA
County Plymouth
Zoning INS
Direction Main St
Rooms
Basement Partial
Exterior
Garage Spaces 4.0
Community Features Public Transportation, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Marina, T-Station
Total Parking Spaces 20
Garage Yes
Building
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Northeast Private Client Group, LLC