$1,490,000
Active230 Summer St
Plymouth, MA, 02360
Commercial · MLS #73467888
Days on market
New today
Lot size
2.24 ac
2.24 acres
Lot
About this home
Located at 230 Summer St, Plymouth, this sober house presents an opportunity to own a secure investment in a desirable location. Encompassing 3,814 square feet of living area, the residence, built in 1845, renovated in 2023-24, sits on a 97,537 sq. ft. lot. The sober house is MASH Certified for 22 beds, is leased on a pure triple net basis for 20 years, which commenced as of April 2023, with 2.5% annual increases, at a current rent of $134.087, which provides the investor a 9.00% yield. Perfect for a 1031 buyer. Can be purchased with 4 Nook Rd, Plymouth, which is a MASH certified 24-bed sober house, with an identical yield profile.
Property details
- Parking
- Permeable Pavement
Listed by J. Murray Regan · JMR Commercial RE Services
Schedule a showing
230 Summer St
Estimated payment
$9,645 / month
Loan term
- Principal & interest
- $7,534
- Property tax
- $1,490
- Home insurance
- $621
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).
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