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4 Nook Rd

Downtown, Plymouth, MA 02360
1 of 2 Photos Map
$1,566,000
3,631 Living Area
  • Property Description
    Located at 4 Nook Rd, Plymouth, this sober house presents an opportunity to own a secure investment in a desirable location. Encompassing 3,631 square feet of living area, the residence, built in 1975, renovated in 2023-24, sits on a 27,841 sq. ft. lot. The sober house is MASH Certified for 24 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 $140.991, which provides the investor a 9.00% yield. Perfect for a 1031 buyer. This property may also be purchased with 230 Summer St, which provides a buyer with an identical yield profile.
  • Highlights
    • Area: Downtown
    • Year Built: 1975
    • Property Class: Commercial Sale
    • Status: Active
  • Additional Details
    • Roof: Asphalt/Composition Shingles
    • Zoning Description: Legal Conforming
    • Zoning: R2-s
  • Fees / Taxes
    • Tax Year: 2026
    • Taxes: $9,209

Location

4 Nook Rd, Plymouth, MA 02360

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