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Renovated 12-Unit Apartment Building
For Sale
$2,350,000

1547 Main St, Chatham, MA 02633

Renovated multifamily property with varied residential layouts and town sewer connection.

Property SizeContact for details
Days on Market112

Property Features for 1547 Main St

General Information

Standard status Active
Property subtype COMMERCIAL

Site & Location

Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 10 x studio, 1 x 4BR/3BA, 1 x 2BR/1BA
Multifamily Units 12

Taxes and HOA fees

Annual Taxes $2,766

Building Details

Year Built 1960
Year Renovated 2026
Tenancy Multi
Listing Agency: Christie's International Real Estate Atlantic Brokerage
Listed By: Evan Dean
Source: Allisonmazer
Added: May 1 Changed: Aug 17 Last Checked: Aug 20 at 11:06AM

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 Christie's International Real Estate Atlantic Brokerage

Investment Insights

Based on property information with market context.

This apartment property combines 12 residential units with multiple living formats. Ten individual rooms include private bathrooms, compact kitchenettes, and heating and cooling. The main house provides four bedrooms, three bathrooms, and a full kitchen, while an attached apartment adds two bedrooms, a kitchen, and a bathroom. Improvements completed in 2026 include flooring, plumbing, electrical systems, siding, paint, roofing, landscaping, and laundry facilities.

The property is at 1547 Main St in Chatham, Massachusetts, with access to the Route 28 bus line and connection to the town sewer system. Town approval covers 33 beds, and several leases are already in place for immediate income. The 1960 construction date and recent renovation history provide useful context for evaluating the property’s physical configuration and improvements.

Key Highlights

  • 12 total units with town approval for 33 beds
  • 10 individual room units, each with a bath, small kitchenette, and heating and cooling
  • Main house includes four bedrooms, three bathrooms, and a full kitchen

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Parking Lot & Garage HVAC Service Dental Office

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

12
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby

Demographics for 02633, MA

4,664
Population
5,425
Households
0.9
Avg Household Size
62
Median Age
65%
College-Educated
99%
High-School Grad
8.6 sq mi
ZIP Area
542
Density / Sq Mi
$94,036
Median Household Income
$50,038
Median Earnings
$1,005
Median Rent
$881,400
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 - Renovated multifamily property with varied residential layouts and town sewer connection.
Where is this apartment building located?
The property is located at 1547 Main St Chatham, MA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 12 total units with town approval for 33 beds; 10 individual room units, each with a bath, small kitchenette, and heating and cooling; Main house includes four bedrooms, three bathrooms, and a full kitchen
More about this property
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