1148 American Legion Hwy, Westport, MA 02790
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$1,595,000
13 Unit
13 Beds
13 Baths
3622 SQFT
1.00 Acre

Property Description

STRONG INCOME POTENTIAL. Cash-flow positive 13-unit multi-family investment opportunity, or possible commercial re-development opportunity (property is located in Business zoning district), located in the desirable coastal town of Westport, MA. 1148 American Legion Highway is known as “177 Studio Apartments”, a one-level 13-unit studio apartment building. The 1-acre property has significant exposure along well-traveled MA State Rte. 177, with close proximity to Interstate 195 and U.S. Rte. 6. The multi-family building situated on a 1-acre parcel (28-37-0) can also be sold with an adjacent .75-acre vacant parcel (28-32D-0). Studio apartments each have own full bath (w/ shower), fridge & kitchen sink. See floor plan. 177 Studio Apartments has been owned by the same owner for over 50 years and has a history of long-term, stable at-will tenancy. Natural gas. Septic & well. Consult pages 30-46 in Westport zoning bylaws attached to listing.

Property Details tap to expand

Building Information

  • Total Units: 13
  • Total Floors: 2
  • Total Bedrooms: 13
  • Total Full Baths: 13
  • Amenities: Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Shopping, University, Walk/Jog Trails
  • Basement Features: Crawl, Interior Access, Mixed, Partial
  • Common Interior Features: Studio
  • Common Appliances: Refrigerator
  • Common Heating: Common, Extra Flue, Gas, Gas, Ground Source Heat Pump, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Humidifier

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 140640
  • Gross Expenses: 35000
  • Net Operating Income: 105640

Utilities

  • Water: Nearby, Private Water
  • Sewer: On-Site, Private Sewerage

Unit 1 Description

  • Included in Rent: Electric, Heat, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Heat, Hot Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1948
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Irregular
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73515607
  • Last Updated: 05/13/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/13/2026Active$1,595,000$440MLSPIN
05/13/2026Active$1,595,000$440MLSPIN
05/09/2026New$1,595,000$440MLSPIN
05/09/2026New$1,595,000$440MLSPIN

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Seller's Representative: Christopher M. Demakis, Demakis Family Real Estate, Inc.
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 2026-05-13 03:05:00