52 Plain St, Pembroke, MA 02359

Pembroke
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
52 Plain St,Pembroke, MA 02359
$1,500,000
  • 1.41 Acres
  • Lots / Land
  • Active
Listed by: james kalweit
Office: laer realty partners
MLS#:73500706
Source:MLSPIN

Price summary

  • Price:$1,500,000

About this home

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. Listing price Includes existing 4 bed single family home that resides on the land, which is rented out to stable long tenured tenant - generating $3,400 monthly rent. 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.

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Home facts

  • Listing ID #:73500706
  • Updated:April 17, 2026 at 01:31 PM

Structure and exterior

  • Lot area:1.41 Acres
  • Lot Features:Cleared, Corner Lot, Level

Utilities

  • Water:At Street, Public
  • Sewer:Private Sewer

Finances and disclosures

  • Price:$1,500,000
  • Tax amount:$5,735 (2025)
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