230 Summer St
$1,490,000
2.24
Acres
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$1,490,000
2.24
Acres
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Property Description
Located at 230 Summer St, Plymouth, this sober house presents an opportunity to own a secure investment in a desirable location. Encompassing 3,814 square feet of living area, the residence, built in 1845, renovated in 2023-24, sits on a 97,537 sq. ft. lot. The sober house is MASH Certified for 22 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 $134.087, which provides the investor a 9.00% yield. Perfect for a 1031 buyer. Can be purchased with 4 Nook Rd, Plymouth, which is a MASH certified 24-bed sober house, with an identical yield profile.
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Highlights
- Acres: 2
- Year Built: 1845
- Property Class: Commercial Sale
- Status: Active
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Additional Details
- Roof: Asphalt/Composition Shingles
- Zoning Description: Legal Conforming
- Zoning: R25
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Fees / Taxes
- Tax Year: 2026
- Taxes: $10,370
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of JMR Commercial RE Services.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.