$950,000
SOLD JUL 18, 2025

127 Main St Bridgewater, MA 02324

11 Beds
3 Baths
3,852 Sq Ft
0.34 Acres

Recently Sold

$247 Per Sq Ft

6% Above List Price

49 Days on Market

About This Home

As of July 2025

7.87% CAP RATE!! Situated near downtown Bridgewater, this expansive 3,852+/- sf multifamily property offers a compelling investment. Comprising two 4-bed units and one 3-bed unit - this is a great income-generating property. 127 Main St. provides tenants with easy access to shopping, dining, and local amenities. 0.5 miles from Bridgewater State University, makes it an attractive residence for students and faculty. 1 mile from the Bridgewater MBTA station, facilitating seamless travel to Boston. Current rents are slightly below market value, presenting an opportunity to enhance income streams. 2 spacious attics offer the potential to add an additional unit or expand existing ones - subject to local zoning regulations. Roof was replaced approximately 3 years ago, front porch was replaced last year - reducing immediate capital expenditure.Provides plenty of off-street parking.127 Main Street stands out as a promising addition to any investment portfolio.

Last Agent to Sell the Property

Dylan Costello

Coldwell Banker Realty - Boston Listed on: 04/30/2025

Coldwell Banker Realty - Boston

Last Buyer's Agent

John Heffernan

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,927

Year Built

  • Built in 1880

Lot Details

  • 0.34 Acre Lot
  • Gentle Sloping Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 3,852 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Open Parking

Listing and Financial Details

  • Total Actual Rent $7,600
  • Assessor Parcel Number M:021 L:090,929536

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $181
  • Insurance Expense $11,099
  • Water Sewer Expense $1,217
  • Operating Expense $20,424
  • Net Operating Income $70,776

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,927

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1880
  • Levels: 3
  • Year Built Details: Actual
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 11
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Above Grade Finished Sq Ft: 3852
  • Living Area: 3852
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 233.39
  • PRICE PER Sq Ft: 246.63
  • MAIN SO: AN2383

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1217

Lot Info

  • Parcel Number: M:021 L:090,929536
  • Zoning: CBD-S
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Sq Ft: 14800
  • Lot Size Units: Acres
  • PAGE: 236

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8927
  • Tax Book Number: 58789

Multi Family

  • Electric Expense: 181
  • Gross Income: 91200
  • Insurance Expense: 11099
  • Net Operating Income: 70776
  • Number Of Units Total: 3
  • Operating Expense: 20424
  • Total Actual Rent: 7600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
Jul 21, 2025
Sold by
Costello Jason and Costello Joscelyn
Bought by
Flaherty Conor
Seller's Agent
Dylan Costello
Coldwell Banker Realty - Boston
Buyer's Agent
John Heffernan
Compass
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%
Views
34
Current Estimated Value
$852,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$97,949
Avg. Annual Appreciation
-35.29%
Original Mortgage
$902,500
Outstanding Balance
$900,972
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$48,921

Purchase Details

Listed on
Jan 9, 2024
Closed on
Apr 2, 2024
Sold by
127 Main St Llc
Bought by
Costello Jason and Walker Joselyn
Seller's Agent
A.J. Andrews
Century 21 Realty Network
Buyer's Agent
Dylan Costello
Coldwell Banker Realty - Boston
List Price
$749,900
Sold Price
$750,000
Premium/Discount to List
$100
0.01%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.11%
Original Mortgage
$712,500
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2014
Sold by
Cunniff David M
Bought by
127 Main Street Llc

Purchase Details

Closed on
Dec 24, 1996
Sold by
English Dianne M and English Robert
Bought by
Cunniff David M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $950,000 --
Quit Claim Deed $950,000 --
Quit Claim Deed $750,000 None Available
Quit Claim Deed $750,000 None Available
Quit Claim Deed $750,000 None Available
Deed -- --
Deed -- --
Deed $141,000 --
Deed $141,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $902,500 New Conventional
Closed $902,500 New Conventional
Previous Owner $712,500 Purchase Money Mortgage
Previous Owner $254,500 No Value Available
Previous Owner $250,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2025 07/18/25 Sold $950,000 +5.7% $247 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
06/13/2025 06/13/25 For Sale $899,000 0.0% $233 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $899,000 +19.9% $233 / Sq Ft
04/02/2024 04/02/24 Sold $750,000 0.0% $195 / Sq Ft View Prior Sale
01/17/2024 01/17/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $749,900 -- $195 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,927 $754,600 $165,700 $588,900
2024 $8,137 $670,300 $149,000 $521,300
2023 $7,424 $578,200 $139,300 $438,900
2022 $6,865 $479,400 $122,200 $357,200
2021 $5,838 $403,200 $109,100 $294,100
2020 $5,147 $349,400 $104,900 $244,500
2019 $4,760 $321,000 $104,900 $216,100
2018 $17,763 $320,800 $113,800 $207,000
2017 $4,728 $302,900 $113,800 $189,100
2016 $4,609 $296,600 $111,600 $185,000
2015 $4,630 $285,100 $102,600 $182,500
2014 $4,620 $284,300 $99,600 $184,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73367062

MLS Property Information Network (MLS PIN)

APN: BRID-000021-000000-000090