BEDS9
BATHS11 full
SQUARE FEET7,529
MLS#73525798
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
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..
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial
Garage: 4
Lot Size: 0.73 Acres
Stories: 3.0
Taxes: $10,544
Year Built: 1870
Feature Descriptions
Building Area Total: 7529
Community Features: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Marina, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 110
Dwelling Type: 5-9 Family
GarageY/N: Yes
Open Parking Y/N: Yes
Parcel Number: M:00047 B:000 L:01121,1180365
Parking Features: Paved Drive
Parking Total: 16
Rooms Total: 18
Sewer: Public Sewer
Units: 10
Water: Public
Listed By / Shown By
Listed By
Agency Name: Northeast Private Client Group
Agent Name: Tom Egbers
Agency Phone: 857-990-6800
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 5,913.13 per month $4,451.13 Principal & Interest $878.67 Property Tax $583.33 Homeowner's Insurance
72 Main St | MLS# 73525798
This multi-family property located at 72 Main St, Wareham, MA 02571 is currently listed for sale with an asking price of $2,000,000. Search Wareham real estate on www.masiellogrouprealestate.com today.