Active

52 Plain St

Pembroke, MA 02359

$1,100,000 $4,637/Mo

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Overview

1.41

Acres(Lot)

Description

Comprehensive permit approved and secured to build 20 net new rental units under chapter 40b. Rental units approved as 12 x 1 bedroom units, 6 x 2 bedroom units, 2 x 3 bedroom units Projected rents/monthly/annual income: pro forma included in attached sales deck. Buyer will work with already paid 40b consultant to finalize state approval. To finalize Buyer will need to secure financing. Building permit is waiting for new buyer to complete, with all documentation submitted and approved by the town. Hard costs based on actual bids which will be shared with prospective buyer(s). Possible condo conversion available / multiple exit strategies.

Property Details

Property Type : Land

Price : $1,100,000

AD Id : 78731668

MLS Id : 73519835

Lot Size : 1.41 Acres(Lot)

County : Plymouth

Map

What's Nearby

Nearby Areas

Features

Heating & Cooling

WaterSource: Public, At Street

Road Types

Paved

Public

Lot Information

Lot Description: Level, Corner Lot Lot Size Area: 1.41 Lot Size Units: Acres Lot Square Feet: 61,420 Lot Acres: 1.41 Main Square Feet: 1.41

Property Information

Property Type: Land Sub Type: Residential

Listing Price Information

Original Listing Price: $1100000

Tax Information

Parcel Number: M:D4 P:70,1108745 Annual Tax: $5735

Elementary School: Pembroke Primary School

Senior High School: Pembroke Junior/ High School
Location Information

Direction: Route 27 to Plain Street #52 at Intersection of Pline and Lake Street

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ByOwner last updated this listing 06/05/2026 @ 03:51

MLS: 73519835 LISTED BY: James Kalweit, LAER Realty Partners 508-888-8999 SOURCE: MLS Property Information Network