For Sale

218 South Ave, Whitman, MA

Whitman · MA 02382

$1,239,000
Price
8
Beds
4
Baths
3511
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 4 Units
Lot size: 0.27 Acre Lot
Price per square foot: $353 / Sq.Ft
Parking: 14 Off Street Spaces

About this home

Exceptional opportunity to own this well-maintained 4-family property offering strong rental income, recent updates, and outstanding investment potential. Whether you’re looking to expand your portfolio or occupy one unit while generating income from the others, this property checks all the boxes.The first-floor unit occupies the entire level and features a spacious layout with three bedrooms, a bright living room, a separate eat-in kitchen, and a full bathroom. The second floor is divided into two units. Unit 2 offers a comfortable living room, eat-in kitchen, one bedroom, and a full bath. Unit 3 features an efficient open-concept kitchen and living area, one bedroom, and a full bathroom. The fourth unit encompasses the entire third floor and includes two bedrooms, a living room, kitchen, and full bathroom, providing a private and spacious living space.Each unit has been well cared for and offers desirable floor plans that appeal to tenants. Units 1, 2, and 3 each have separate gas meters, electrical panels, gas-fired boilers for heat, and individual hot water tanks. Unit 4 also has its own gas meter, electrical panel, and hot water tank, along with newer electric baseboard heat and a newer in-unit gas-fired heater.Recent improvements provide peace of mind for the next owner, including a new roof installed in 2023 and numerous updates throughout the property. Ample off-street parking adds convenience and further enhances the property’s appeal.Strong in-place rental income, separate utilities, low-maintenance systems, and recent capital improvements make this an excellent turnkey investment. For owner-occupants, the flexible layout provides the opportunity to live in one unit while the rental income from the remaining apartments helps offset your mortgage and expenses.Conveniently located near shopping, restaurants, public transportation, schools, and major commuter routes, this property offers lasting value in a high-demand rental market. Whether you’re a seasoned investor or purchasing your first multi-family, this is a rare opportunity to own a solid income-producing asset with immediate cash flow and long-term upside.Property Highlights:• 4 Well-Maintained Units• Strong Rental Income• Excellent Owner-Occupied or Investment Opportunity• Separate Utilities• New Roof (2023)• Updated Systems• Ample Off-Street Parking• Desirable Unit Layouts• Convenient Location Near Shopping, Dining, Public Transportation & Major Highways

Neighborhood & Transit

218 South Ave, Whitman · MA 02382

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Whitman Commuter Rail 1 route 0.33 mi
    • Kingston Line

Price Insight

Days on Market:
102 days
Listing Price:
$1,239,000
Price per Sq.Ft:
$353
Tax Assessment:
$625,800 in 2025
Taxes:
$684 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
4
Half Bathrooms
0
Living Area
3,511 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3511
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
400 Amps

Exterior Features

Lot Size
11,752 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
14 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
John Heffernan
Listing office
Compass
MLS PIN #
73554446
Disclosure
Unit-1 $3400 lease in place. Unit 2r- 1 bed 1 year lease in place $1850 (Landlord pays electric $100). Unit2f- Floors just redone vacant. Unit 3- 2bed $2000 TAW. Lead paint pages in documents.