About this home
is pleased to present The Wareham Narrows Multifamily.This rare value-add opportunity in the heart of the Wareham Narrows Historic District features a 7,529 SF, 9-unit residential building with waterfront views, along with 3,234 SF of commercial space. Built in 1870 and extensively renovated in 2023, the property combines timeless New England character with modern improvements. Less than 20 minutes from Cape Cod, the property benefits from strong rental demand amid tightening on- and off-Cape housing supply and offers significant rent upside, an established tenant base, and on-site management for an easy transition of ownership.Zoned INS, the property offers flexibility for future development and expansion opportunities, while the substantial rear carriage house has town approvals for commercial use or conversion to up to five additional units. Whether you're a value-add investor, local entrepreneur, institutional buyer, or contractor seeking development potential and commercial space, this versatile investment offers multiple avenues to drive additional income and long-term value. Schedule a tour today to explore how this unique asset can fit into your portfolio..
Listing last checked: Listing updated:
Listed by Tom Egbers · Northeast Private Client Group · MLS #73525798
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Interior2 property facts
- Rooms
- 18
- Basement
- Yes · Partial
Building5 property facts
- Style
- 5-9 Family
- Year built
- 1870
- Garage
- 4
- Parking
- 16
- Foundation
- Stone
Land & utilities5 property facts
- Lot size
- 0.73 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- INS
Financial2 property facts
- Annual taxes
- $10,544
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $2,000,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$10,992 / monthAdjust
- Principal & interest
- $10,113
- Property tax
- $879
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $10,544. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Lsd
$900 · Sold $900 · Jun 1, 2010
More property insights
Automated value estimate $2,230,925
Estimated range $1,699,887–$2,761,963.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
Explore more of Wareham
Continue your search in Wareham.
Need help making sense of this home?
About 72 Main St
Can I request a private showing?
Request a tour of 72 Main St and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.