$1,500,000

52 Plain St Pembroke, MA 02359

Estimated payment $8,376/month

Total Views 1,671
1.41 Acres
$1,063,830 Price per Acre
61,420 Sq Ft Lot

Highlights

  • Golf Course Community
  • Corner Lot
  • Shops
  • Property is near public transit and schools
  • No HOA

About This Lot

Comprehensive permit approved and secured to build 20 net new rental units under chapter 40b. Rental units approved as 12 x 1 bedroom units, 6 x 2 bedroom units, 2 x 3 bedroom units Projected rents/monthly/annual income: pro forma included in attached sales deck. Listing price Includes existing 4 bed single family home that resides on the land, which is rented out to stable long tenured tenant - generating $3,400 monthly rent. Buyer will work with already paid 40b consultant to finalize state approval. To finalize Buyer will need to secure financing. Building permit is waiting for new buyer to complete, with all documentation submitted and approved by the town. Hard costs based on actual bids which will be shared with prospective buyer(s). Possible condo conversion available / multiple exit strategies.

Listing Agent

James Kalweit

LAER Realty Partners Listed on: 04/13/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,735

Lot Details

  • 1.41 Acre Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot

Additional Features

  • Property is near public transit and schools
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:D4 P:70,1108745

Community Details

Recreation

  • Golf Course Community
  • Electricity Available at Street

Additional Features

  • No Home Owners Association
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$5,735

Lot Details

1.41 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Special Features: None

Interior Features

  • MAIN LO: AN1199

Exterior Features

  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Sewer: Private Sewer
  • Gas: At Street
  • Electric: At Street
  • Water Source: Public, At Street

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Golf, Highway Access, House of Worship, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:D4 P:70,1108745
  • Zoning: R-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Corner Lot, Cleared
  • Lot Size Acres: 1.41
  • Lot Size Sq Ft: 61420
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5735

Map

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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,735 $477,100 $287,100 $190,000
2024 $5,663 $470,700 $282,300 $188,400
2023 $5,757 $452,600 $282,300 $170,300
2022 $5,361 $378,900 $230,500 $148,400
2021 $5,094 $349,400 $220,100 $129,300
2020 $4,972 $343,100 $210,500 $132,600
2019 $5,599 $383,500 $204,900 $178,600
2018 $5,176 $347,600 $190,100 $157,500
2017 $5,107 $338,200 $180,100 $158,100
2016 $5,019 $328,900 $170,100 $158,800
2015 $4,633 $314,300 $154,900 $159,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2026 04/13/26 For Sale $1,500,000 +359.7% --
04/26/2021 04/26/21 Sold $326,300 +12.6% $251 / Sq Ft View Prior Sale
03/23/2021 03/23/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $289,900 -- $223 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73500706

MLS Property Information Network (MLS PIN)

APN: PEMB M:D4 P:70

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