$1,595,000
Active1148 American Legion Hwy
Westport, MA, 02790
Commercial · MLS #73515612
Days on market
New today
Lot size
1.00 ac
1.00 acres
Lot
About this home
STRONG INCOME POTENTIAL. Cash-flow positive 13-unit multi-family investment opportunity, or POSSIBLE COMMERCIAL RE-DEVELOPMENT opportunity (property is located in Business zoning district), located in the desirable coastal town of Westport, MA. 1148 American Legion Highway is known as 177 Studio Apartments, a one-level 13-unit studio apartment building. The 1-acre property has significant exposure along well-traveled MA State Rte. 177, with close proximity to Interstate 195 and U.S. Rte. 6. The multi-family building situated on a 1-acre parcel (28-37-0) can also be sold with an adjacent .75-acre vacant parcel (28-32D-0). Studio apartments each have own full bath (w/ shower), fridge & kitchen sink. See floor plan. 177 Studio Apartments has been owned by the same owner for over 50 years and has a history of long-term, stable at-will tenancy. Natural gas. Septic & well. Consult pages 30-46 in Westport zoning bylaws attached to listing.
Location
1148 American Legion Hwy, Westport, MA, 02790
Property details
- Parking
- Paved Driveway
Listed by Christopher Demakis · Demakis Family Real Estate, Inc.
Schedule a showing
1148 American Legion Hwy
Estimated payment
$10,325 / month
Loan term
- Principal & interest
- $8,065
- Property tax
- $1,595
- Home insurance
- $665
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).