MA
Plymouth
Pembroke
02359
52 Plain St
52 Plain St, Pembroke, MA 02359
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Listing Type
Lots/Land
Listing Status
Active
4
$1,500,000

Home Details for 52 Plain St

Price
$1,500,000
Type
Land
Lot size acres
1.41
County
Plymouth
MLS Listing#
73500706
Property Description

Comprehensive permit approved and secured to build 20 net new rental units under chapter 40b. Rental units approved as 12 x 1 bedroom units, 6 x 2 bedroom units, 2 x 3 bedroom units Projected rents/monthly/annual income: pro forma included in attached sales deck. Listing price Includes existing 4 bed single family home that resides on the land, which is rented out to stable long tenured tenant - generating $3,400 monthly rent. Buyer will work with already paid 40b consultant to finalize state approval. To finalize Buyer will need to secure financing. Building permit is waiting for new buyer to complete, with all documentation submitted and approved by the town. Hard costs based on actual bids which will be shared with prospective buyer(s). Possible condo conversion available / multiple exit strategies.

Property Features
  • Water Features
    • Public
Listing Courtesy: LAER Realty Partners - 508-888-8999
Presented by: James Kalweit
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EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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