230 Summer St

230 Summer St, Plymouth, MA 02360

Property Information

  • For Sale $1,490,000
  • Property Type Special Purpose - Special Purpose (Other)
  • Property Size 3,814 SF
  • Lot Size 97,537 SF
  • Cap Rate % 0.09
  • Rental Income / YR $134,087.00
  • NOI / YR $134,087.00
  • # of Floors 2
  • Parking Spaces Avail. 12
  • Parking Ratio 3.15 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class D
  • Year Built 1845
  • Year Renovated 2024
  • Date Updated Jan 12, 2026
  • Construction Type wood frame

Description

A 2-story wood frame, 22-bed, 3,814 square foot Sober House, with 4 full bathrooms, built in 1845, renovated in 2023-2024, on a 97,537 square foot site.  The property is leased on a 20-year, pure triple net basis, which commenced as of April 2023, with 2.5% annual increases, with an NOI of $134,087 as of January 1, 2026, which translates to a 9.00% yield. 

This property is to be sold in conjunction with 4 Nook Road, Plymouth, which is a 2-story wood frame, 24-bed, 3,631 square foot Sober House, with 5 full bathrooms, built in 1975, renovated in 2023-2024, on a 27,841 square foot site. The property is leased on a 20-year, pure triple net basis, which commenced as of April 2023, with 2.5% annual increases, and an NOI of $140,991 as of January 1, 2026, which translates to a 9.00% yield.

The total annual NOI for both properties is $275,078 as of January 1, 2026 at an asking price for both properties of $3,056,000.

Both properties are located within close proximity to the Plymouth downtown central business district, its plentiful service-oriented environment and amenities.  

 If you have any questions or would like to schedule a viewing, please call or send us an email.

Errors & Omissions: We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

 

Contacts

Murray Regan

JMR Commercial RE Services

Location

Located at 230 Summer St, Plymouth, MA 02360, this property is part of the Plymouth neighborhood and Suburban Boston market.

  • 24/100 Car-Dependent
  • 23/100 Somewhat Bikeable
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Contact Listing Broker
Murray Regan

JMR Commercial RE Services

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