About 1148 American Legion Hwy
STRONG INCOME POTENTIAL. Cash-flow positive 13-unit multi-family investment opportunity, or POSSIBLE COMMERCIAL RE-DEVELOPMENT opportunity (property is located in Business zoning district), located in the desirable coastal town of Westport, MA. 1148 American Legion Highway is known as “177 Studio Apartments”, a one-level 13-unit studio apartment building. The 1-acre property has significant exposure along well-traveled MA State Rte. 177, with close proximity to Interstate 195 and U.S. Rte. 6. The multi-family building situated on a 1-acre parcel (28-37-0) can also be sold with an adjacent .75-acre vacant parcel (28-32D-0). Studio apartments each have own full bath (w/ shower), fridge & kitchen sink. See floor plan. 177 Studio Apartments has been owned by the same owner for over 50 years and has a history of long-term, stable at-will tenancy. Natural gas. Septic & well. Consult pages 30-46 in Westport zoning bylaws attached to listing.
Features of 1148 American Legion Hwy
| MLS® # | 73515612 |
|---|---|
| Price | $1,595,000 |
| Square Footage | 3,622 |
| Acres | 1.00 |
| Year Built | 1948 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 1148 American Legion Hwy |
|---|---|
| City | Westport |
| County | Bristol |
| State | MA |
| Zip Code | 02790-1194 |
Amenities
| Utilities | Private Water, Private Sewer |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Zoning | GB |
|---|
Listing Details
| Agent | Christopher M. Demakis |
|---|---|
| Office | Demakis Family Real Estate, Inc. |