569 Winthrop St Rehoboth, MA 02769-1236
- Investment properties
- 6,698 SF
- 0.91 lot acres
Oct 20, 2021
Current Use by Public Records
- iAlive Restaurant / Portuguese Restaurant
- IALIVE / American Restaurant
Property Details for 569 Winthrop St
- Year built
- 1910
- Construction
- FRAME
- Lot size
- 0.91 lot acres
- Property size
- 6,698 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- REHO M:00031 B:00020
- APU
- REHOM00031B00020
Description
This exceptional commercial property located at 569 Winthrop St, Rehoboth, MA, presents a unique investment opportunity. Situated on a 0.91-acre lot, the property boasts three residential units, generating multiple income streams. The strategic location in a vibrant area ensures high visibility and consistent traffic, maximizing potential rental income. A significant advantage is the inclusion of 40 off-street parking spaces, providing ample convenience for residents and visitors. The property's versatility allows for a range of uses, making it an attractive option for both seasoned investors and those seeking a high-return asset. The asking price is $1,149,900. This is a prime commercial property with significant potential for growth and profitability in a desirable location. The existing residential units offer immediate income generation, while the ample parking and versatile nature of the property provide significant long-term value. The property's size and location make it an ideal investment for those seeking a strong return on investment in a thriving market. This is a rare opportunity to acquire a multi-unit commercial property with substantial parking in a highly sought-after area. Don't miss this chance to secure a valuable asset with proven income potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rehoboth
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.2924
- Latitude
- 41.8338
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA