Located at 230 Summer St, Plymouth, this sober house presents an opportunity to own a secure investment in a desirable location. Encompassing 3,814 square feet of living area, the residence, built in 1845, renovated in 2023-24, sits on a 97,537 sq. ft. lot. The sober house is MASH Certified for 22 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 $134.087, which provides the investor a 9.00% yield. Perfect for a 1031 buyer. Can be purchased with 4 Nook Rd, Plymouth, which is a MASH certified 24-bed sober house, with an identical yield profile.
| MLS # | 73554570 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1845 |
| Days On Site | 57 |
| Listing Provided By | JMR Commercial RE Services | J. Murray Regan |
| Zoning | R25 |
|---|---|
| Acreage | 2.24 |
| Roof | Asphalt/Composition Shingles |
|---|
| Utilities | Public Water, Private Sewer |
|---|
| Tax Annual Amount | 10370.07 |
|---|---|
| Tax Block | 0 |
| Tax Lot | 32A |
| Tax Year | 2026 |
| Tax Map Number | 100 |
| Senior Community Yes / No | No |
|---|
| State | MA |
|---|---|
| County | Plymouth |
| City | Plymouth |
| Zip Code | 02360 |
| Area | Plymouth |
| Listing VS Median (in 02360) | |
Price: $1,490,000 low | high Med: $699,000 On site: 57 low | high Med: 31 | |
| State | MA |
|---|---|
| County | Plymouth |
| City | Plymouth |
| Zip Code | 02360 |
| Area | Plymouth |
| Listing VS Median (in 02360) | |
Price: $1,490,000 low | high Med: $699,000 On site: 57 low | high Med: 31 | |