465 Chapel St, Lee, (South Lee), MA, 01238
10 beds
9 Full baths
1880
Victorian
5,690 sqft
For Sale: 9-Unit Victorian Investment Property - Prime South County Location This is an exceptional opportunity to own a fully occupied, income-producing Victorian multifamily property set on 2.5 beautifully landscaped acres in a highly desirable South County location. Combining classic charm with strong rental performance, this property is ideal for investors seeking both stability and long-term potential. The building features a total of nine residential units, thoughtfully configured to attract a diverse tenant base. There are two efficiency one-bedroom units, one spacious two-bedroom unit, and six standard one-bedroom units, each offering a comfortable layout with a living room and full kitchen. The property is currently fully occupied, providing immediate and consistent rental inco Its strong occupancy history and appealing unit mix contribute to long-term tenant retention and investment reliability. The grounds are beautifully landscaped, enhancing curb appeal while offering a pleasant environment for residents. The expansive 2.5-acre lot provides a sense of privacy and space that is rarely found in multifamily properties of this size. Additional amenities include private parking for up to 16 vehicles, ensuring convenience for tenants, as well as a coin-operated washer and dryer that generates supplemental income. A storage shed is also located on the property, offering space for maintenance equipment or tenant use. Recent updates include a furnace and chimney liner that are both less than one year old, helping to reduce immediate capital expenses and improve overall efficiency. An extra lot is included with the sale, presenting potential for future development, expansion, or added value. This is a turnkey investment opportunity in a desirable location, offering immediate income with room for future growth. Financial details are available upon request for qualified buyers.
Status:
Active
Town:
Lee
Type:
Multi-family
Laundry Remarks:
In Basement, Coin Op
Units:
9
Zoning:
Residential
Heating:
Steam
Basement:
Unfinished, Concrete Floor, Interior Access, Bulk head, Exterior Entrance
Parking:
Garaged
Lot Size:
108,900
Acreage:
2.5
Est. Taxes:
$8,741
Assessment
$777,000
Construction
Log Siding, Wood Frame, Vinyl
Amenities:
Outbuilding, Trash Private
Elementary School:
Lee
Middle School:
Lee
High School:
Lee
Days on Market:
10
MLS #:
249582
Community Info
School Info
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Listing courtesy of Stone House Properties, LLC 413-232-4253