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Downtown Plymouth Multifamily Investment
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5 Water St, Plymouth, MA 02360

New construction multifamily property in historic downtown Plymouth.

Property Size12,224 SF
Days on Market694

Property Features for 5 Water St

General Information

Standard status Active
Size 12,224 SF
Class B
Property subtype Multifamily
Zoning DH

Building Details

Year Built 2024
Buildings 2
Stories 2
Units 16
Listing Agency: Ellis Realty Advisors
Listed By: David Ellis · License #MA 9524572
Source: Crexi
Added: Sep 26, 2024 Changed: Aug 20 Last Checked: May 12 at 11:04PM

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 Ellis Realty Advisors

Investment Insights

Based on property information with market context.

This multifamily property is located in historic Downtown Plymouth, Massachusetts, steps from Plymouth Harbor. The portfolio includes two buildings featuring 16 townhouse-style units, each with one bedroom and one bathroom. The property is within walking distance of local amenities, including restaurants such as East Bay Grille and Tavern on the Wharf, as well as Vitamin Sea Brewing and 71 Degrees West. The total property size is 12224 square feet.

Key Highlights

  • New construction (2024) multifamily property.
  • Prime location in historic Downtown Plymouth.
  • Steps to Plymouth Harbor.

Property Analytics

Current Use

D & J Heating ... HVAC Service

Suggested Use

Top Pick Plumbing Service Pharmacy (Bike/Boat/Book/etc) Store Home Appliance Store Butcher Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

1,394
Businesses Nearby

Demographics for 02360, MA

61,134
Population
28,598
Households
2.1
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
96.4 sq mi
ZIP Area
634
Density / Sq Mi
$111,975
Median Household Income
$55,595
Median Earnings
$1,831
Median Rent
$494,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - New construction multifamily property in historic downtown Plymouth.
Where is this apartment building located?
The property is located at 5 Water St Plymouth, MA.
What are key features of this property?
This property features: New construction (2024) multifamily property.; Prime location in historic Downtown Plymouth.; Steps to Plymouth Harbor.
(781) 919-0800 Call to check price and availability
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