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.
This home has been viewed 8 times
Last Checked: May 7th, 2026 at 4:29am (Source: MLS PIN #73500706)
General Information for 52 Plain St, Pembroke MA 02359
Listing ID73500706
Price1500000
Land TypeResidential
Approx AcresApprox. 1.41 acres (61,420 SqFt)
Number of Lots
Road Frontage Type
ZoningR-1
Electric220 Volts
GasAt Street
WaterPublic,at Street
SewerPrivate Sewer
PERC Test
Association Required
Association Fee
Lot FeaturesGentle Sloping
Waterfront0
Waterfront Features
View
Disclosures for 52 Plain St, Pembroke MA 02359
Special Listing Conditions
Financial Information for 52 Plain St, Pembroke MA 02359
Association Fee
Tax5735
Tax Year2025
Assessed Value$477,100
Contact Information for 52 Plain St, Pembroke MA 02359