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72 Main St, Wareham, MA 02571

$2,000,000
•
  • 9

    bed

  • 11

    bath

  • 7,529

    Sqft ($266/Sqft)

Multi-family for sale 100 days
Learn about Wareham's top local Real Estate agents

About 72 Main St

Property type Multi-family
Year built 1870
HOA fee $0/month
Lot size 0.73 Acre
Movoto estimate
Parking 4 garage spaces
Property description
is pleased to present The Wareham Narrows Multifamily.This rare value-add opportunity in the heart of the Wareham Narrows Historic District features a 7,529 SF, 9-unit residential building with waterfront views, along with 3,234 SF of commercial space. Built in 1870 and extensively renovated in 2023, the property combines timeless New England character with modern improvements. Less than 20 minutes from Cape Cod, the property benefits from strong rental demand amid tightening on- and off-Cape housing supply and offers significant rent upside, an established tenant base, and on-site management for an easy transition of ownership.Zoned INS, the property offers flexibility for future development and expansion opportunities, while the substantial rear carriage house has town approvals for commercial use or conversion to up to five additional units. Whether you're a value-add investor, local entrepreneur, institutional buyer, or contractor seeking development potential and commercial space, this versatile investment offers multiple avenues to drive additional income and long-term value. Schedule a tour today to explore how this unique asset can fit into your portfolio..
Listed by
Listing Agent - Tom Egbers
Listing Office - Northeast Private Client Group, LLC
Source: MLS Property Information Network, Inc. mls logo
MLS#73525798 • last updated 2 weeks ago
Movoto checked MLS Property Information Network, Inc. for data 7 minutes ago
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Overview
Levels/Style 3, 3
MLS # 73525798
Type Residential Income
Status Active
SubType 5-9 Family
SqFt 7529
Lot Size (SqFt) 31948
Lot Size (Acres) 0.73
Annual Property Tax 10544
Year Built 1870
Interior
Total # of Bathrooms 11
# Full Baths 11
Total # of Bedrooms 9
Basement Partial
Total # of Rooms 18
Exterior
Foundation Stone
# Covered Spaces 4
Parking Desc Paved Drive
# Parking Spaces 16
# Garage Spaces 4
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Plymouth
Community Features Public Transportation, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Marina, T-Station
Zoning INS
APN M:00047 B:000 L:01121, 1180365
Directions Main St
Multifamily Details
Net Operating Income 171835
Operating Expense 60004
Total Actual Rent 18300
Financial Data Source Owner
Expense: Water/ Sewer 6848
Gross Income 241200
Expense: Electricity 1815
Gross Scheduled Income 7000
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41/100
Walk
65/100
Family
29/100
Dining
72/100
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  • Real Estate
  • MA
  • Plymouth County
  • Wareham
  • 02571
  • 72 Main St

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Massachusetts Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
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