230 Summer St, Plymouth, MA 02360
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$1,490,000
Type: 5+ Residential
Triple Net Lease (NNN)
SQFT: N/A
N/A Restrooms
Parking: N/A

Property Description

Located at 230 Summer St, Plymouth, this sober house presents an opportunity to own a secure investment in a desirable location. Encompassing 3,814 square feet of living area, the residence, built in 1845, renovated in 2023-24, sits on a 97,537 sq. ft. lot. The sober house is MASH Certified for 22 beds, is leased on a pure triple net basis for 20 years, which commenced as of April 2023, with 2.5% annual increases, at a current rent of $134.087, which provides the investor a 9.00% yield. Perfect for a 1031 buyer. Can be purchased with 4 Nook Rd, Plymouth, which is a MASH certified 24-bed sober house, with an identical yield profile.

Property Details tap to expand

Property Information

  • Type: 5+ Residential
  • Location: Legal Conforming
  • MLS ID#: 73467888

Financial

  • Gross Annual Income: 134087
  • Net Operating Income: 134087
  • Lease Type: Triple Net Lease (NNN)

Construction & Utilities

  • Utilities: Private Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
01/17/2026Active$1,490,000MLSPIN
01/13/2026New$1,490,000MLSPIN
11/10/2025Canceled$900,000$272MLSPIN
06/12/2025Under Agreement$900,000$272MLSPIN
04/12/2025Active$900,000$272MLSPIN
04/08/2025New$900,000$272MLSPIN

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Seller's Representative: J. Murray Regan, JMR Commercial RE Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-01-17 03:05:00