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Marshfield Rooming House For Sale
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1122 Ocean St, Marshfield, MA 02050

15-room Marshfield rooming house with recent renovations and on-site manager.

Property Size10,018 SF
Lot Size0.23 Acres
Price / SF$156.72
Days on Market173

Property Features for 1122 Ocean St

General Information

Standard status Active
Size 10,018 SF
Class C
Lot size 0.23 Acres
Property subtype Multifamily
Zoning B-2
Occupancy 100%
Investment Type Value Add
Net Operating Income $148,108

Building Details

Year Built 1968
Buildings 1
Stories 2
Units 15
Listing Agency: United Multi Family Corporation
Listed By: Richard Cawley · License #MA 134301
Source: Crexi
Added: Feb 20 Changed: Aug 8 Last Checked: Aug 11 at 7:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Multi Family Corporation

Investment Insights

Based on property information with market context.

The property at 1122 Ocean St, Marshfield, MA, is a licensed rooming house. Constructed in 1968, this two-story garden-style building contains 15 rooms and 3 full bathrooms. The gross square footage is 3510, situated on a 10,018 square foot lot. Recent improvements, according to the owner, total close to $200,000 and include the renovation of 12 rooms, 3 baths, and common areas. There are approximately 20 parking spaces in the rear and 8 spaces in the front. An on-site resident manager is available to stay on for a reasonable fee. Unit 14 has an all-in-one kitchen, which may qualify for higher rent from Section 8.

Key Highlights

  • Licensed rooming house with 15 rooms and 3 full bathrooms.
  • Recent renovations totaling close to $200K, including 12 rooms, 3 baths, and common areas.
  • Potential for higher rent from Section‑8 for Unit 14 with its all‑in‑one kitchen.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

116
Businesses Nearby

Demographics for 02050, MA

25,956
Population
11,697
Households
2.2
Avg Household Size
48
Median Age
53%
College-Educated
97%
High-School Grad
28.8 sq mi
ZIP Area
901
Density / Sq Mi
$125,436
Median Household Income
$63,529
Median Earnings
$1,620
Median Rent
$622,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - 15-room Marshfield rooming house with recent renovations and on-site manager.
Where is this multifamily property located?
The property is located at 1122 Ocean St Marshfield, MA.
What is the asking price?
The asking price for this property is $1,570,000.
What are key features of this property?
This property features: Licensed rooming house with 15 rooms and 3 full bathrooms.; Recent renovations totaling close to $200K, including 12 rooms, 3 baths, and common areas.; Potential for higher rent from Section‑8 for Unit 14 with its all‑in‑one kitchen.
(617) 529-1141 Call to check price and availability
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