72 Main St Wareham, MA 02571
Wareham Center NeighborhoodEstimated payment $11,850/month
Highlights
- Marina
- River View
- Property is near public transit
- Medical Services
- 0.73 Acre Lot
- Jogging Path
About This Home
is pleased to present The Wareham Narrows Multifamily.This rare value-add opportunity in the heart of the Wareham Narrows Historic District features a 7,529 SF, 9-unit residential building with waterfront views, along with 3,234 SF of commercial space. Built in 1870 and extensively renovated in 2023, the property combines timeless New England character with modern improvements. Less than 20 minutes from Cape Cod, the property benefits from strong rental demand amid tightening on- and off-Cape housing supply and offers significant rent upside, an established tenant base, and on-site management for an easy transition of ownership.Zoned INS, the property offers flexibility for future development and expansion opportunities, while the substantial rear carriage house has town approvals for commercial use or conversion to up to five additional units. Whether you're a value-add investor, local entrepreneur, institutional buyer, or contractor seeking development potential and commercial space, this versatile investment offers multiple avenues to drive additional income and long-term value. Schedule a tour today to explore how this unique asset can fit into your portfolio..
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,544
Year Built
- Built in 1870
Parking
- 4 Car Garage
- Driveway
- 12 Open Parking Spaces
Home Design
- Stone Foundation
Interior Spaces
- 7,529 Sq Ft Home
- Property has 1 Level
- River Views
- Partial Basement
Bedrooms and Bathrooms
- 9 Bedrooms
- 11 Full Bathrooms
Additional Features
- 31,948 Sq Ft Lot
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number M:00047 B:000 L:01121,1180365
Community Details
Recreation
- Marina
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $1,815
- Insurance Expense $10,544
- Water Sewer Expense $6,848
- Operating Expense $60,004
- Net Operating Income $171,835
Additional Features
- 10 Units
- Medical Services
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,403 | $806,400 | $167,800 | $638,600 |
| 2024 | $6,128 | $545,700 | $139,700 | $406,000 |
| 2023 | $13 | $424,100 | $139,700 | $284,400 |
| 2022 | $13 | $424,100 | $139,700 | $284,400 |
| 2021 | $13 | $424,100 | $139,700 | $284,400 |
| 2020 | $13 | $424,100 | $139,700 | $284,400 |
| 2019 | $12 | $430,800 | $133,000 | $297,800 |
| 2018 | $12 | $430,800 | $133,000 | $297,800 |
| 2017 | $12 | $435,100 | $133,000 | $302,100 |
| 2016 | $6,503 | $480,600 | $133,000 | $347,600 |
| 2015 | $6,281 | $480,600 | $133,000 | $347,600 |
| 2014 | $7,204 | $560,600 | $145,400 | $415,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2026 07/09/26 | For Sale | $2,000,000 | 0.0% | $266 / Sq Ft |
| 06/10/2026 06/10/26 | Pending | -- | -- | -- |
| 05/28/2026 05/28/26 | For Sale | $2,000,000 | -- | $266 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $575,000 | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73525798
APN: WARE M:00047 B:000 L:01121
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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