4 Nook Rd, Plymouth, MA 02360
4 Nook Rd, Plymouth, MA 02360
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Guillermo A Molina Jr

Guillermo A Molina Jr

+1(978) 360-3441
$ 1,566,000
Est. payment | /mo

3,631 SqFt

Save
$ 1,566,000
Est. payment | /mo
Save

3,631 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,631 sqft

Price per Sqft $431

MLS Listing ID 73467642

HOA Y/N false

Year Built 1975

Annual Tax Amount $9,209

Tax Year 2026

Lot Size 0.640 Acres

Acres 0.64

Property 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.

Location

State MA

County Plymouth

Area Downtown

Zoning R2-S

Direction Under no circumstances should anyone enter onto the premises without the listing broker.

Exterior

Utilities Available Public Water, Public Sewer

Roof Type Asphalt/Composition Shingles

Others

Senior Community false

Listed by JMR Commercial RE Services

NEARBY SCHOOLS & PROPERTIES

Guillermo A Molina Jr

+1(978) 360-3441

info@theomteam.com

190 State Street Unit 5, Newburyport, MA, 01950, United States

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4 Nook Rd

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