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.
Sold for $950,000 on 07/18/25
$950,000
127 Main St, Bridgewater, MA 02324
11beds
3,852sqft
3 Family
Built in 1880
-- sqft lot
$952,200 Zestimate®
$247/sqft
$2,808 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 14, 2025 at 12:20pm
Listed by:
The Dylan Costello Team,
Coldwell Banker Realty - Boston,
Dylan Costello
Bought with:
John Heffernan
Compass
Source: MLS PIN,MLS#: 73367062
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 3
- Full bathrooms: 3
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,852
- Total interior livable area: 3,852 sqft
- Finished area above ground: 3,852
Property
Parking
- Total spaces: 8
- Parking features: Paved Drive
- Has uncovered spaces: Yes
Lot
- Size: 0.34 Acres
- Features: Gentle Sloping
Details
- Parcel number: M:021 L:090,929536
- Zoning: CBD-S
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Stone
Condition
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Bridgewater
HOA & financial
Other financial information
- Total actual rent: 7600
Services availability
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Estimated market value
$952,200