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261 Plymouth St East Bridgewater, MA 02333

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For Sale
$1,250,000

Three-story building with eight residential units on 0.60 acres.

Lot size:
0.60 Acres

Property Features for 261 Plymouth St

General Information

Lot size
0.60 Acres

Building Details

Year built
1800

Source: Horvath & Tremblay Agent Sam Peck

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

East Bridgewater Multifamily Investment Opportunity

The property at 261 Plymouth Street features a three-story building containing eight residential units. The unit mix includes five studio apartments, two one-bedroom, one-bathroom units, and one two-bedroom, one-bathroom unit. The building provides 3,810 square feet of living area within a total gross area of 5,102 square feet. Situated on a 0.60-acre parcel, the property includes thirteen off-street parking spaces for tenants. Recent upgrades include vinyl siding and a newer septic system. The building is centrally metered for electricity, gas-fired heat, gas-fired hot water, and domestic water, all paid directly by the landlord, who is also responsible for septic system maintenance. Current in-place rents are below market rates compared to similar units in the area, presenting an opportunity for a buyer to increase revenue through rent adjustments and updates to the units and common areas.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
East Bridgewater
County
Plymouth
State
Massachusetts
Longitude
-70.9514473
Latitude
42.0225483

FAQs

What type of property is this?
Apartment building - Three-story building with eight residential units on 0.60 acres.
Where is this apartment building located?
The property is located at 261 Plymouth St East Bridgewater, MA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: - Potential to increase revenue by raising rents to market rate after updates.; - Thirteen (13) off-street parking spaces available for tenants.; - Recently upgraded vinyl siding.
More about this property
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