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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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230 Summer St , Plymouth, MA 02360
$1,490,000
Est. Payment: $3,311.11/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 55
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AC2382 - CT009289
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House Description

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.

Highlights

Listed by J. Murray Regan , 617-851-3458 JMR Commercial RE Services , 617-851-3458.

Property Type

Commercial Sale

Lot/Acreage
2.24

Year Built

1845

County

Plymouth

Listing ID

73554570

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Legal Conforming
Roof:Asphalt/Composition Shingles
Principal Interest
$3,311
Taxes
$864

Home Price

$1,490,000

Loan Details

30 yrs
%

Down Payment

20%
$298,000
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Monthly Price:
$3,311.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,311.11 $864.17 $0.00 $4,175.28
Yearly $39,733.33 $10,370.07 $0.00 $50,103.40
Total $1,192,000.00 $311,102.10 $0.00 $1,503,102.10

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Plymouth, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.