450 Main St Chatham, MA 02633
Chatham Village NeighborhoodEstimated payment $19,673/month
Highlights
- Level Lot
- Chatham Elementary School Rated A-
- 1-minute walk to Kate Gould Park
About This Home
Welcome to 450 Main Street! A premier mixed-use investment opportunity in the heart of Chatham, MA, Where Cape Cod charm meets Main Street style. Located in the highly desirable GB2 zoning district, this 7,396 sq ft property offers a compelling blend of residential and retail potential. Featuring five well-appointed apartments with solid rental appeal, along with prime street level retail frontage, both benefits from the high visibility and steady foot traffic. Includes twelve dedicated parking spaces—a rare asset in Chatham’s bustling downtown. This fabulous property is strategically positioned to capitalize on the area’s vibrant community and year-round tourism. Whether you're seeking a stable income-producing asset, a turnkey investment or a value-add opportunity, 450 Main Street delivers it all. With its unmatched convenience, charm, and income generating potential in one of Cape Cod’s most dynamic markets. Steps from everything, miles for the ordinary!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,665
Year Built
- Built in 1960
Lot Details
- 0.26 Acre Lot
- Level Lot
Home Design
- 7,396 Sq Ft Home
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 5 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 12 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Bulkhead
Listing and Financial Details
- Assessor Parcel Number 2263053
Community Details
Overview
- 6 Units
- Property has 1 Level
Building Details
- Electric Expense $10,000
- Insurance Expense $14,000
- Water Sewer Expense $1,600
- Operating Expense $40,300
- Net Operating Income $228,580
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,746 | $2,232,300 | $1,254,600 | $977,700 |
| 2024 | $7,665 | $2,147,000 | $1,206,300 | $940,700 |
| 2023 | $6,836 | $1,761,800 | $989,600 | $772,200 |
| 2022 | $7,345 | $1,589,900 | $899,800 | $690,100 |
| 2021 | $7,823 | $1,570,900 | $895,100 | $675,800 |
| 2020 | $7,354 | $1,525,800 | $895,100 | $630,700 |
| 2019 | $7,440 | $1,534,100 | $895,100 | $639,000 |
| 2018 | $7,226 | $1,483,700 | $857,300 | $626,400 |
| 2017 | $7,288 | $1,449,000 | $832,300 | $616,700 |
| 2016 | $7,132 | $1,420,800 | $816,000 | $604,800 |
| 2015 | $6,869 | $1,376,500 | $792,300 | $584,200 |
| 2014 | $6,951 | $1,368,400 | $792,300 | $576,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | For Sale | $3,500,000 | -- | $473 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73423305
APN: CHAT-000015D-000050-000091
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