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.
This home has been viewed 29 times
Last Checked: May 14th, 2026 at 5:08am (Source: MLS PIN #73515607)
Gross Income: $23,040
Gross Expenses: $6,222
Net Income Calc: $16,818
Water Views
Annual Expenses for 1148 American Legion Hwy, Westport MA 02790
Total Gross Expenses (Calculated)$6,222/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6222
Annual Income & Unit Breakdown for 1148 American Legion Hwy, Westport MA 02790
Total Gross Income (Calculated)$23,040
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
Lease
Bathrooms
Rent IncludesHeat
Unit 4
Rental Income$0
Lease
Bathrooms
Rent IncludesHeat
General Information for 1148 American Legion Hwy, Westport MA 02790
Listing ID73515607
Property TypeMulti Family / 5+ Family
Price1595000 ($440.36/SqFt)
Style5-9 Family
CityWestport
CountyBristol
Neighborhood(s)
Approximate Living Area Total3622
Approximate Lot Size (Acres)1
Total Parking15
Garage Parking0
Year Built1948
Year Built SourcePublic Records
Year Built DetailsActual
WaterPrivate
SewerPrivate Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR1
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 1148 American Legion Hwy, Westport MA 02790
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
Title 5C
ExclusionsFireplace Mantel In Living Room Is Excluded.
Financial Data SourceEstimated
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 1148 American Legion Hwy, Westport MA 02790
Real Estate Taxes6222
Tax Year2026
Assessed Value$854,700
Financial Data SourceEstimated
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 1148 American Legion Hwy, Westport MA 02790
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 1148 American Legion Hwy, Westport MA 02790