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1148 American Legion Hwy, Westport, MA, 02790

13beds
13baths
3,622sqft
$1,595,000
$440price/sqft
$10,419/moest. monthly cost
$416,760/yrincome needed

About This Home

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.

Getting Around

29
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

6/10
--
Alice A Macomber SchoolGrades PK-K1.9 mi

Construction

Condition

  • Year built: 1948

Materials

  • Foundation: Irregular
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Appliances

  • Appliances included: Refrigerator

Basement

  • Has basement: Yes
  • Basement: Partial,Crawl Space,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 13
  • Bathrooms: 13
  • Full bathrooms: 13

Features

  • Studio
  • Finished area above ground: 3,622

Heating

  • Heating features: Baseboard,Natural Gas,Common

Interior Area

  • Total structure area: 3,622
  • Total interior livable area: 3,622 sqft

Property

Details

  • Parcel number: M:28 L:37,2998079
  • Zoning: R1

Features

  • Waterfront features: Unknown To Beach

Lot

  • Lot size: 1 Acres
  • Features: Corner Lot,Additional Land Avail.

Parking

  • Total spaces: 15
  • Parking features: Paved Drive,Off Street,Common,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 15