is pleased to present The Wareham Narrows Multifamily.This rare value-add opportunity in the heart of the Wareham Narrows Historic District features a 7,529 SF, 9-unit residential building with waterfront views, along with 3,234 SF of commercial space. Built in 1870 and extensively renovated in 2023, the property combines timeless New England character with modern improvements. Less than 20 minutes from Cape Cod, the property benefits from strong rental demand amid tightening on- and off-Cape housing supply and offers significant rent upside, an established tenant base, and on-site management for an easy transition of ownership.Zoned INS, the property offers flexibility for future development and expansion opportunities, while the substantial rear carriage house has town approvals for commercial use or conversion to up to five additional units. Whether you're a value-add investor, local entrepreneur, institutional buyer, or contractor seeking development potential and commercial space, this versatile investment offers multiple avenues to drive additional income and long-term value. Schedule a tour today to explore how this unique asset can fit into your portfolio..
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Last Checked: September 15th, 2026 at 9:33pm (Source: MLS PIN #73525798)
Gross Income: $91,800
Gross Expenses: $65,508
Net Income Calc: $26,292
Water Views
Annual Expenses for 72 Main St, Wareham MA 02571
Total Gross Expenses (Calculated)$65,508/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10544
Annual Income & Unit Breakdown for 72 Main St, Wareham MA 02571
Total Gross Income (Calculated)$91,800
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms1
Bathrooms2 Full
Floor2
Levels in Unit0
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Levels in Unit0
Rent Includes
General Information for 72 Main St, Wareham MA 02571
Listing ID73525798
Property TypeMulti Family / 5+ Family
Price2000000 ($265.64/SqFt)
Style5-9 Family
CityWareham
CountyPlymouth
Neighborhood(s)
Approximate Living Area Total7529
Approximate Lot Size (Acres)0.73
Total Parking20 (4 Garage)
Garage Parking4
Year Built1870
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningINS
Water ViewsYes
Water Views FeaturesBay
Waterfront0
Waterfront Features
Terms
Disclosures for 72 Main St, Wareham MA 02571
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.
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 72 Main St, Wareham MA 02571
Real Estate Taxes10544
Tax Year2026
Assessed Value$806,400
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 72 Main St, Wareham MA 02571
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 72 Main St, Wareham MA 02571