355 Wareham StMiddleborough, MA 02346

Property Details for 355 Wareham St

Year built

1949

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.37 AC

Property size (Sq ft)

1,320 SF

Property type

Commercial real estate

APN

MIDD M:00072 L:5542 U:0000

APU

MIDDM00072L5542U0000

Description

This exceptional Middleboro investment property presents a rare opportunity to acquire a substantial multi-unit complex boasting a total of 18,644 square feet across eleven individual units. The property comprises two main buildings, one constructed in 2018 with 9,900 square feet and a second built in 2019 encompassing 7,424 square feet. A renovated 1,320-square-foot garage, completed in 2019, adds further functionality. Each unit is thoughtfully designed with a private bath and dedicated office space, catering to a diverse range of tenants. The property features modern utilities, including well water and electric service. Efficient floor draining systems are integrated into tight tanks for effective waste management. Heating is provided by individual propane unit heaters within each unit. The property sits on a generous two-acre lot, offering ample space and potential for future expansion or development. Priced at $2,599,000, this turnkey investment presents a strong return on investment potential due to its modern construction, multiple income streams, and desirable location in Middleboro, MA. The property's recent construction and well-maintained condition minimize immediate capital expenditure needs, making it an attractive proposition for savvy investors seeking a stable and profitable addition to their portfolio.

Location Insight

City

Middleboro

County

Plymouth

State

Massachusetts

Latitude

41.8613

Longitude

-70.8672

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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