is pleased to present The Wareham Narrows Multifamily.This rare value-add opportunity in the heart of the Wareham Narrows Historic District features a 7,529 SF, 9-unit residential building with waterfront views, along with 3,234 SF of commercial space. Built in 1870 and extensively renovated in 2023, the property combines timeless New England character with modern improvements. Less than 20 minutes from Cape Cod, the property benefits from strong rental demand amid tightening on- and off-Cape housing supply and offers significant rent upside, an established tenant base, and on-site management for an easy transition of ownership.Zoned INS, the property offers flexibility for future development and expansion opportunities, while the substantial rear carriage house has town approvals for commercial use or conversion to up to five additional units. Whether you're a value-add investor, local entrepreneur, institutional buyer, or contractor seeking development potential and commercial space, this versatile investment offers multiple avenues to drive additional income and long-term value. Schedule a tour today to explore how this unique asset can fit into your portfolio..
Features
9 bedrooms
11 bathrooms
directions_car16 carspaces
12 open car spaces
directions_car4 garage spaces
7529 sq. ft. floor area
crop_free31948 sq. ft. lot size
cottageOther
Property history for 72 Main Street
2009
Sold
$575,000
30 Apr 2009 by Peter Latham, of Conway - Wareham
Happy sellers in Wareham Center
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Local market activity for 9 bedroom other properties in Wareham Center
Sold
For Sale
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