355 Wareham St, Middleboro, MA 02346
For Lease
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This exceptional Middleboro investment property presents a rare opportunity to acquire a substantial multi-unit complex boasting a total of 18,644 square feet across eleven individual units. The property comprises two main buildings, one constructed in 2018 with 9,900 square feet and a second built in 2019 encompassing 7,424 square feet. A renovated 1,320-square-foot garage, completed in 2019, adds further functionality. Each unit is thoughtfully designed with a private bath and dedicated office space, catering to a diverse range of tenants. The property features modern utilities, including well water and electric service. Efficient floor draining systems are integrated into tight tanks for effective waste management. Heating is provided by individual propane unit heaters within each unit. The property sits on a generous two-acre lot, offering ample space and potential for future expansion or development. Priced at $2,599,000, this turnkey investment presents a strong return on investment potential due to its modern construction, multiple income streams, and desirable location in Middleboro, MA. The property's recent construction and well-maintained condition minimize immediate capital expenditure needs, making it an attractive proposition for savvy investors seeking a stable and profitable addition to their portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.