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

1547 Main Street, Chatham, MA 02633

Approved for 33 beds with varied living configurations and shared laundry.

Space SizeContact for details
Days on Market52

Property Features for 1547 Main Street

General Information

Standard status Active
Property subtype Commercial
Zoning GB3

Amenities

shared laundry room

Building Details

Year Built 1960
Year Renovated 2026
Units 12
Tenancy Multi
Listing Agency: Christie's International Real Estate Atlantic Brokerage
Listed By: Evan Dean
Source: Capecodtoday
Added: Jul 10 Changed: Aug 29 Last Checked: Aug 29 at 10:28AM

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 12-unit apartment property combines individual room accommodations with larger residential spaces. Ten room units each include a private bath, compact kitchenette, and heating and cooling. The main house provides four bedrooms, three bathrooms, and a full kitchen, while an attached two-bedroom apartment has a separate kitchen and bath. The town has approved the property for 33 beds.

Extensive renovation work completed in 2026 included flooring, plumbing, electrical systems, siding, paint, roofing, landscaping, and a shared laundry room. The property is connected to the town sewer and sits along the Route 28 bus line in Chatham. Several leases are currently in place, and the property carries GB3 zoning.

Key Highlights

  • 12 total units with town approval for 33 beds
  • 10 room units with private baths, kitchenettes, and heating and cooling
  • Main house includes 4 bedrooms, 3 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

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 - Approved for 33 beds with varied living configurations and shared laundry.
Where is this apartment building located?
The property is located at 1547 Main Street Chatham, MA.
What is the lease rate?
The lease rate is $2,350,000.
What are key features of this property?
This property features: 12 total units with town approval for 33 beds; 10 room units with private baths, kitchenettes, and heating and cooling; Main house includes 4 bedrooms, 3 bathrooms, and a full kitchen
More about this property
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