For Sale
3 High St, Plymouth, MA
Plymouth · MA 03264
- $1,100,000
- Price
- 16
- Beds
- 5.5
- Baths
- 5548
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1890
Units:
1 Units
Lot size:
7,405 Sq.Ft Lot
Price per square foot:
$198 / Sq.Ft
Parking:
16 Off Street Spaces
About this home
Turnkey high-cash-flow opportunity leased through May 2027. This legal 16-bedroom, 5.5 bath student rooming house bordering campus offers strong in-place income, and consistent occupancy history, with an estimated Cap Rate of 10+%. Featuring 5,500+ SF with private furnished bedrooms designed for efficient shared living easily managed with several remote-management systems. Occupants enjoy a community kitchen with 2 ovens, 2 microwaves, 4 large refrigerators, dishwasher, business class Wi-Fi, premium cable and reverse-osmosis water dispenser. Commercial-grade laundry room with 2 card app washers & 2 gas dryers. Extensive renovations in 2017/2018 including efficient supplemental electric wall units, new boiler in 2023. metal roof on part of building and vinyl replacement windows. Rare opportunity to acquire a stabilized, fully operational student housing asset with strong rental demand, modern building systems, and minimal day-to-day management requirements.
Neighborhood & Transit
3 High St, Plymouth · MA 03264
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 154 days
- Listing Price:
- $1,100,000
- Price per Sq.Ft:
- $198
- Tax Assessment:
- Unknown
- Taxes:
- $895 / Monthly
Home Facts
Interior Features
- Bedrooms
- 16
- Full Bathrooms
- 5
- Half Bathrooms
- 1
- Living Area
- 5,548 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 5548
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 400 Amps
Exterior Features
- Lot Size
- 7,405 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 16 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Wood
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- The Commercial Group
- Listing office
- Aluxety
- MLS PIN #
- 73528150
- Disclosure
- Operated as high-performing housing. Configuration also supports alternative housing strategies (workforce / short-term), subject to local regulations. Financials, prop. information available with executed NDA and proof of financial capacity. Photo AI generated and not a real depiction of area.