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151 - 153 Main St, Bourne MA 02532

$1,200,000

Estimated $2,357/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $300,000

Total Rent: 66000/year

Estimated CAP Rate:

7 Bedrooms

Baths

2034

Total Parking: 10

25,308 (0.58)

Substantial Price Adjustment Investors and developers take notice! This prime property is located in downtown Buzzards Bay and has views of the railroad bridge and is a stones throw to the Cape Cod Canal. Currently there are 3 rental units and a 4th unit which is open to imagination. The town of Bourne has placed liberal zoning on the area of this property which allows for further development to the site. All units were remodeled to the studs in 2012 & 2013 and new electrical, plumbing, wall board and heating and hot water systems were installed. Most appliances will remain. Liberal Village zoning "may" permit adding additional units. This is an outstanding opportunity to be part of the thriving downtown of Buzzards Bay which is home to the Massachusetts Maritime Academy, the National Marine Life Center and many visitor attractions.

This home has been viewed 7 times

Last Checked: July 9th, 2026 at 5:23am (Source: MLS PIN #73493357)

Gross Income: $66,000

Gross Expenses: $4,930

Net Income Calc: $61,070

Annual Expenses for 151 - 153 Main St, Bourne MA 02532

Total Gross Expenses (Calculated)$4,930/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4930

Annual Income & Unit Breakdown for 151 - 153 Main St, Bourne MA 02532

Total Gross Income (Calculated)$66,000

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

Lease

Bathrooms

Rent IncludesHeat

General Information for 151 - 153 Main St, Bourne MA 02532

Listing ID73493357

Property TypeMulti Family / 3 Family

Price1200000 ($589.97/SqFt)

Style3 Family

CityBourne

CountyBarnstable

MLS AreaBuzzards Bay

Neighborhood(s)

Approximate Living Area Total2034

Approximate Lot Size (Acres)0.58

Total Parking10

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningDowntown

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 151 - 153 Main St, Bourne MA 02532

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsStaging And Personal Belongings

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 151 - 153 Main St, Bourne MA 02532

Real Estate Taxes4930

Tax Year2025

Assessed Value$631,200

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 151 - 153 Main St, Bourne MA 02532

Neighborhood(s)

MLS AreaBuzzards Bay

Area Amenities

Contact Information for 151 - 153 Main St, Bourne MA 02532

Agent

Name: Ralph J. Grassia

Office

Name: Conway - Wareham

Phone: 508-295-6560

Team Members

Payment Calculator

, Interest

Property Taxes 410.83

Principal & Interest 7394.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Conway - Wareham

Ralph J. Grassia

Agent Phone

Office Phone

(508) 295-6560

Text Agent Call Agent Call Office

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EXIT

11 More Photos

Pending

151 - 153 Main St, Bourne MA 02532

$1,200,000

Annual Expenses for 151 - 153 Main St, Bourne MA 02532

Annual Income & Unit Breakdown for 151 - 153 Main St, Bourne MA 02532

General Information for 151 - 153 Main St, Bourne MA 02532

Disclosures for 151 - 153 Main St, Bourne MA 02532

Financial Information for 151 - 153 Main St, Bourne MA 02532

Location Information for 151 - 153 Main St, Bourne MA 02532

Contact Information for 151 - 153 Main St, Bourne MA 02532

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Conway - Wareham

Ralph J. Grassia