




26 Water St, Assonet, MA, 02702
About This Home
Rare Multi-Family Opportunity with Water Views in Historic Assonet! Don't miss this exceptional opportunity to own a rare multi-family property in one of Assonet's most desirable waterfront neighborhoods. Ideally located directly across from Hathaway Park and the public boat ramp, this unique property offers beautiful water views and immediate access to the Assonet River, making it perfect for boating, fishing, kayaking, paddleboarding, or simply enjoying the peaceful surroundings. Whether you're searching for an investment property, an owner-occupied home with rental income, or a flexible option for multi-generational living, this property offers endless possibilities. While the home could benefit from updates and your personal vision, it presents an outstanding opportunity to build equity and maximize value in a highly sought-after location. The spacious layout provides flexibility for today's living needs and may offer potential for an Accessory Dwelling Unit (ADU), subject to local approvals and buyer due diligence. Commuters will appreciate the convenience of being just five minutes from the MBTA Commuter Rail, providing easy access to Boston while enjoying the charm and slower pace of historic Assonet. Nearby you'll find local restaurants, parks, walking trails, marinas, and all that the South Coast has to offer, with Routes 24, 140, and 195 providing convenient highway access. Opportunities to own a multi-family property in this location are few and far between, making this an excellent choice for investors looking to expand their portfolio, buyers seeking rental income to offset housing costs, or those planning for extended family living. Bring your ideas, renovate to your taste, and unlock the full potential of this unique property in a picturesque waterfront setting. With scenic views, an unbeatable location, commuter convenience, and tremendous upside potential, this is a rare chance to invest in one of Assonet's hidden gems. Schedule your showing today and imagine the possibilities this special property has to offer.
Getting Around
Schools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Stone,Granite,Irregular
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 2 Family - 2 Units Up/Down
Interior
Appliances
- Appliances included: Range,Dishwasher,Microwave,Refrigerator
- Laundry features: Washer & Dryer Hookup,Electric Dryer Hookup,Washer Hookup
Basement
- Has basement: Yes
- Basement: Partial,Bulkhead,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Bathroom With Tub & Shower,Floored Attic,Storage,Living Room,Kitchen,Family Room,Laundry Room
- Flooring: Tile,Vinyl,Carpet
- Finished area above ground: 2,688
Heating
- Heating features: Oil,Electric
Interior Area
- Total structure area: 2,688
- Total interior livable area: 2,688 sqft
Property
Accessibility
- Accessibility features: Accessible Entrance
Details
- Parcel number: M:211 P:212,2851402
- Zoning: VR
Features
- Patio & porch: Porch,Deck - Wood,Covered
- Exterior features: Balcony/Deck,Rain Gutters
- Has view: Yes
- View description: Water,Public Water View,River
- Has water view: Yes
- Water view: Public,River,Water
Lot
- Lot size: 0.45 Acres
- Features: Level
Parking
- Total spaces: 8
- Parking features: Paved Drive,Off Street
- Has uncovered spaces: Yes
- Uncovered spaces: 8
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,539 | $42,468 |
| Home Insurance * | $252 | $3,024 |
| Property Taxes | $560 | $6,720 |
| Electricity | $530 | $6,360 |
| Total | $4,881 | $58,572 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-05 | Price change | $674,900 |
| 2026-07-22 | Listed for sale | $699,900 |
| 2003-08-08 | Sold | $212,000 |
