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52 Plain St Pembroke, MA 02359
1.41 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73519835
HOA Y/N false
Annual Tax Amount $5,735
Tax Year 2025
Lot Size 1.410 Acres
Acres 1.41
Property Sub-Type Residential
Property Description
Comprehensive permit approved and secured to build 20 net new rental units under chapter 40b. Rental units approved as 12 x 1 bedroom units, 6 x 2 bedroom units, 2 x 3 bedroom units Projected rents/monthly/annual income: pro forma included in attached sales deck. Buyer will work with already paid 40b consultant to finalize state approval. To finalize Buyer will need to secure financing. Building permit is waiting for new buyer to complete, with all documentation submitted and approved by the town. Hard costs based on actual bids which will be shared with prospective buyer(s). Possible condo conversion available / multiple exit strategies.
Location
State MA
County Plymouth
Zoning R-1
Direction Route 27 to Plain Street #52 at Intersection of Pline and Lake Street
Exterior
Community Features Public Transportation, Shopping, Golf, Highway Access, House of Worship, Public School
Building
Lot Description Level, Corner Lot
Sewer Private Sewer
Water Public, At Street
Schools
Elementary Schools Pembroke Primary School
High Schools Pembroke Junior/ High School
Others
Senior Community false
Listed by LAER Realty Partners