Listing Agency: Ellis Realty Advisors c***@mlspin.net Show Phone

Listed By: David Ellis · License #MA 9524572

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 3:43PM

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Investment Insights

Based on property information with market context.

Located at 475 Nantasket Ave in Hull, Massachusetts, this 14-unit property is currently arranged as a rooming house. The existing configuration may be retained, or the property may be converted to a three-family residence, providing two stated residential operating formats.

Key Highlights

• 14‑unit rooming house configuration
• Alternative three‑family residential layout
• Located at 475 Nantasket Ave, Hull, MA 02045

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Hair Salon Pharmacy Auto Parts 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.

Lease Details

14

Residential units

Location Intelligence

Trade Area within ½ mile

216

Businesses Nearby

Explore this area Business Placement

Demographics for 02045, MA

10,072

Population

5,733

Households

1.8

Avg Household Size

54

Median Age

52%

College-Educated

97%

High-School Grad

2.7 sq mi

ZIP Area

3,730

Density / Sq Mi

$127,112

Median Household Income

$63,327

Median Earnings

$1,885

Median Rent

$606,100

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?

Apartment building - Existing rooming-house configuration offers an alternative three-family residential layout.

Where is this apartment building located?

The property is located at 475 Nantasket Ave Hull, MA.

What are key features of this property?

This property features: 14‑unit rooming house configuration; Alternative three‑family residential layout; Located at 475 Nantasket Ave, Hull, MA 02045