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4 Nook Rd Downtown 02360, Plymouth

$1,566,000

For Sale

3631 SqFt

Size

0

Bedrooms

0

Bathrooms

73554586

Property Id

Property image 1
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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.

Address

Address4 Nook Rd Downtown 02360 Plymouth, MA
CountryUS
Property Type

Commercial Sale

Property Class

CommercialProperty

Style

Other

Transaction Type

Sale

Year Built

1975

Square Feet

3,631 sqft

Lot Size

27,841 sqft

List Price

$1,566,000

Original Price

$1,566,000

Price per Sqft

$431

Annual Property Taxes

$9,209.19

Tax Assessment Year

2026

Monthly Tax Estimate

$767

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