About 4 Nook Rd
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.
Features of 4 Nook Rd
| MLS® # | 73554586 |
|---|---|
| Price | $1,566,000 |
| Square Footage | 3,631 |
| Acres | 0.64 |
| Year Built | 1975 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 4 Nook Rd |
|---|---|
| Area | Downtown |
| City | Plymouth |
| County | Plymouth |
| State | MA |
| Zip Code | 02360 |
Amenities
| Utilities | Public Water, Public Sewer |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Roof | Asphalt/Composition Shingles |
|---|
Additional Information
| Zoning | R2-S |
|---|
Listing Details
| Agent | J. Murray Regan |
|---|---|
| Office | JMR Commercial RE Services |