72 Main St

Wareham, MA, 02571

$2,000,000

9 Beds

11 Baths

7,529 SqFt

0.73 Acres

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

Price:

$2,000,000

MLS #:

73525798

Status:

Pending

Beds:

Baths:

Type:

Multi Family

Subtype:

5-9 Family

Listed Date:

May 28, 2026

Finished Sq Ft:

7,529

Total Sq Ft:

7,529

Lot Size:

31,948 sqft / 0.73 acres (approx)

Year Built:

1870

Units:

Schools

Interior

Above Grade Finished Area

7529

Bathrooms

11 Full Bathrooms

Levels

Exterior

Community Features

Public Transportation, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Marina, T-Station

Covered Spaces

Garage Spaces

Open Parking Spaces

Open Parking YN

Parking Features

Paved Drive

Parking Spots

Parking Total

Stories

Financial

Net Operating Income

$171,835

Tax Year

2026

Taxes

$10,544

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Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

pegasusrealtyma@gmail.com

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

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Current real estate data for Multi Family in Wareham as of Sep 21, 2026

Multi Family Listed

Avg DOM

308

Avg $ / SqFt

$1,005,760

Avg List Price

Community

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Property Summary

781-858-3505

Courtesy of Northeast Private Client Group, LLC. The property listing data and information 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 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 set forth herein.

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