Unit Information
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.
- Additional Details
- Status: ACT
- Type: Multi-Family, Multi Family
- Zip Code: 02790
- Levels: 2
- Parking
- Garage Capacity: 15
- Parking: Paved,Off Street,Common
- Parking Spaces: 15
- Rooms and Dimensions
- Total Units: 13
- Total Floors: 2
- Total Rooms: 16
- Has Basement: Yes
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$1,595,000
- Listing ID: 73515607
- Bedrooms: 13
- Full Baths: 13
- Living Area: 3,622 sqft Convert
- Lot Size: 43,560 sqft Convert
- Acres: 1
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |