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10 Water St Plymouth, MA 02360

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For Sale
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Nine-unit building, new construction, high demand.

Property size:
6,744 SF

Description

Added:
Dec 11, 2024
Days on Market:
393
This exceptional multifamily investment opportunity presents a newly constructed (2024) nine-unit apartment building situated in the heart of historic Downtown Plymouth, Massachusetts, at 10 Water St, 02360. The property boasts a desirable Class B designation and a total square footage of 6,744. The building comprises one single-story structure featuring a mix of six one-bedroom, one-bathroom units and two lofted one-bedroom, one-bathroom units, providing a diverse rental portfolio. Additionally, a commercial unit is included, offering further income potential. Located steps from Plymouth Harbor, this property benefits from its proximity to a vibrant waterfront area and a thriving culinary and entertainment scene. Nearby establishments include the East Bay Grille, Tavern on the Wharf, Vitamin Sea Brewing, and 71 Degrees West, providing residents with a wealth of dining and leisure options. The property's zoning is designated as DH, and ample parking is available, both private and municipal. The building's strong performance is reflected in its attractive 6.13% capitalization rate. This is a rare chance to acquire a high-yield, newly renovated multifamily property in a highly sought-after location. The combination of new construction, prime location, and diverse unit mix makes this an ideal investment for discerning buyers seeking strong returns and long-term appreciation.

Property Features for 10 Water St

General Information

Property type
Multifamily properties
Square Feet
6,744 SF
Class
B

Building Details

Year Renovated
2024
Buildings
1
Stories
1
Units
9

HighLights

  • Nine‑unit new construction multifamily property.
  • Six one‑bedroom units and two loft‑style one‑bedroom units.
  • Excellent Plymouth Harbor proximity.
  • Ample private and municipal parking available.
  • Abundant nearby restaurants and amenities.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Plymouth
County
Plymouth
State
Massachusetts
Longitude
-70.6621186
Latitude
41.9549373

FAQs

What type of property is this?
Multifamily property - Nine-unit building, new construction, high demand.
Where is this multifamily property located?
The property is located at 10 Water St Plymouth, MA.
What are key features of this property?
This property features: Nine-unit new construction multifamily property.; Six one-bedroom units and two loft-style one-bedroom units.; Excellent Plymouth Harbor proximity.
More about this property
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