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4 Nook RdPlymouth, MA 02360

Plymouth County

$1,566,000List price
3,631Sq Ft
1975Year built
0.64Acre lot
11 weeks agoOn market

Description

Located at 4 Nook Rd, Plymouth, this sober house presents an opportunity to own a secure investment in a desirable location. Encompassing 3,631 square feet of living area, the residence, built in 1975, renovated in 2023-24, sits on a 27,841 sq. ft. lot. The sober house is MASH Certified for 24 beds, is leased on a pure triple net basis for 20 years, which commenced as of April 2023, with 2.5% annual increases, at a current rent of $140.991, which provides the investor a 9.00% yield. Perfect for a 1031 buyer. This property may also be purchased with 230 Summer St, which provides a buyer with an identical yield profile.

Property Information

Property type
Commercial Sale
Year built
1975
Living area
3,631 Sq Ft
Lot size
0.64 acres
Zoning
R2-S
Days on market
82
MLS® Listing#
73554586

Property Features

Roof
Asphalt
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Annual taxes
$9,209Tax year 2026
Parcel number
Map 25 Lot 26B,1118491

Directions

Under no circumstances should anyone enter onto the premises without the listing broker.

Listing Courtesy: JMR Commercial RE Services - 6178513458

Presented by: J. Murray Regan

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