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    Multi-Unit Near Bridgewater University Title is generated by Realmo AI

    47 Hale St, Bridgewater, MA 02324

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    Claim this Listing
    For Sale
    $899,000

    MULTI_FAMILY - Bridgewater, MA

    Property size:
    2,812 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $319/SF
    Added:
    Feb 4, 2026
    Days on Market:
    152
    Last Refresh:
    Jul 6 at 6:06 am

    Property Features for 47 Hale St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    res
    Bedrooms
    9
    Bathrooms
    3
    Rooms
    Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 9, Bedroom 8, Bedroom 5, Bedroom 1
    Parking
    12
    Standard status
    Active
    APN
    M:021 L:210,929641
    Size
    2,812 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7350

    Building Details

    Year built
    1882
    Floors in Building
    3
    Number of units
    3

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    Contact an agent
    Al Styles

    Listing agent Al Styles

    Listing office Keller Williams Realty Signature Properties 171 Washington Street, Hanover, MA

    Listing date Feb 4, 2026

    MLS# 73474370 Listing URL

    Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Three‑family property with 9 bedrooms and 3 full baths across three units
    • First‑floor unit fully remodeled in 2021 with 4 bedrooms, a spacious kitchen, and 1 full bath
    • Second‑floor unit has 4 bedrooms with kitchen and bath updates completed in 2011
    • Third‑floor unit renovated in 2011 with 1 bedroom, eat‑in kitchen, and oversized living room
    • Two means of egress per unit and separate gas and electric meters
    • Basement includes coin‑operated laundry and the exterior offers ample off‑street parking

    Overview

    This three-family multi-unit property features a total of 9 bedrooms and 3 full baths distributed across three separate units. The first-floor unit, fully remodeled in 2021, includes 4 bedrooms, a spacious kitchen equipped with white cabinetry and appliances. The second-floor unit offers 4 bedrooms, with kitchen and bath updates completed in 2011. The third-floor unit, also renovated in 2011, features 1 bedroom, an eat-in kitchen, and an oversized living room. The layouts are designed to provide rental flexibility, with each unit having two means of egress. Flooring throughout the property consists of a mix of hardwood, vinyl, and tile. Separate gas and electric meters are installed. A coin-operated laundry in the basement provides an opportunity for additional income. The exterior includes ample off-street parking. The property is located near Bridgewater State University, commuter routes, downtown shops, and dining, offering consistent tenant demand and convenient access to local amenities. The property is located in Bridgewater, Massachusetts, in Plymouth County, and occupies a lot size of 0.2375 acres, with a property size of 2812 square feet.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $71.7k $25.50
    − Vacancy −$3.8k −$1.36
    EGI $67.9k $24.14
    − OpEx −$20.4k −$7.24
    NOI $47.5k $16.90
    2,812 SF · lease $25.50/SF/yr · vacancy 5.32% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $678.9K
    $594.1K – $792.1K (±1% cap)
    NOI $47,524 @ 7.0% cap · market cap 5.29%
    Second Best
    Apartment 5plus
    $625.7K
    $547.5K – $730.0K (±1% cap)
    NOI $43,800 @ 7.0% cap · market cap 4.87%
    Theoretical Best
    Office A
    $1.66M
    $1.46M – $1.94M (±1% cap)
    NOI $116,529 @ 7.0% cap · market cap 12.96%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Accounting Firm Food Market Department Store Electronics & Wireless Store Restaurant Daycare Center Electrical Service Clothing & Fashion Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bridgewater
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.973217
    Latitude
    41.991595

    FAQs

    What type of property is this?
    Triplex - Three-unit property near university with updated units and strong rental potential.
    Where is this triplex located?
    The property is located at 47 Hale St Bridgewater, MA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: Three‑family property with 9 bedrooms and 3 full baths across three units; First‑floor unit fully remodeled in 2021 with 4 bedrooms, a spacious kitchen, and 1 full bath; Second‑floor unit has 4 bedrooms with kitchen and bath updates completed in 2011
    More about this property
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