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1148 American Legion Hwy, Westport MA 02790

Westport, MA 02790
$1,595,000
$1,300,000
Est. $7,292/month
13
Beds
13
Baths
3,622
Sq Ft
$359
Price/Sq Ft
1.00
Acres
1948
Year Built
15
Parking
62
Days on Market
Active Price Drop -$295,000 Listed May 9, 2026 • MLS# 73515607 Copied! • Updated Jul 9, 2026

About this home

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.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
18.5%
Price Range

Property Timeline

Price Reduced
Jul 5, 2026
$1,300,000 $295,000 (-18.5%)
From $1,595,000 to $1,300,000 (-18.5%)
🏠
Listed for Sale
May 9, 2026
$1,595,000
Original listing
Agent: Christopher M. Demakis Office: Demakis Family Real Estate, Inc.

Tax History

Year Taxes Assessment
2026 $6,222 $854,700

Financial Details

Annual Property Tax
$6,222
Tax Year 2026
Assessed Value
$854,700

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1948
Living Area 3,622 sq ft
Lot Size 1.00 acres
Bedrooms 13
Full Baths 13
Total Rooms 16

Investment Metrics

Units 13
Unit 1 Rent $985/mo · N
Unit 2 Rent $935/mo · N
Total Monthly Rent $1,920/mo
Gross Income $140,640
Net Operating Income $105,640
Operating Expenses $35,000
Cap Rate 8.13%
Heating Baseboard, Natural Gas, Common
Cooling None
Flooring None
Appliances Refrigerator
Fireplace None
Basement Partial, Crawl Space, Interior Entry
Laundry None
Features Studio
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street, Common, Paved
Total Spaces 15
Electric None
Water Private
Sewer Private Sewer
Gas None
Other None

Financial

Annual Tax $6,222
Assessed Value $854,700
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures See Multiple Attachments To Mls Listing, Including Septic Site Plan. 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). Vacant Parcel Shown In Listing Could Be Included In Sale Depending On Offer.
Possession None
Accepted Financing Contract
Structure Type []
Sq Ft Source Measured
Sq Ft Disclosures See foor plan attached to listing
Documents None
County Bristol
Total market time (incl. prior listings) 61 days

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1948
Bedrooms
13
Full Bathrooms
13
Living Area
3,622 sq ft
Total Rooms
16
Stories
2
Levels
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances: Refrigerator
Interior Features: Studio
Windows:
Basement: Partial, Crawl Space, Interior Entry
Laundry:
Security:

Construction & Materials

Year Built: 1948
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Irregular
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Common
Cooling:
Hot Water: Electric
Water Source: Private
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot, Additional Land Avail.
Road Surface:

Parking & Garage

Total Parking Spaces: 15
Parking Features: Paved Drive, Off Street, Common, Paved
School District
Westport School District local
C+
School Safety 2024-25
3.9% Above Average
3.9% Suspensions 4.0% In-School
1.6% below state avg
E

Elementary Schools

3 schools
B
Westport Elementary School
1.2 mi | #387 of 824 | Score: 48.1
Improved 108 spots from last year
-10.1 below state avg
463 students Less Diverse
Rising School Strong Attendance
Grades 01-04
Alice A Macomber School
1.9 mi
163 students Less Diverse
Grades PK-K
B+
George H Potter School
2.4 mi | #302 of 824 | Score: 50.8
Improved 118 spots from last year
-7.4 below state avg
407 students Moderate
Rising School
Grades PK-05
M

Middle Schools

1 school
A-
Dartmouth Middle School
4.7 mi | #90 of 352 | Score: 50.9
Improved 7 spots from last year
-7.4 below state avg
801 students Less Diverse
Grades 06-08
H

High Schools

3 schools
C+
Westport Middle-High School
1.0 mi | #222 of 346 | Score: 49.2
Improved 21 spots from last year
-9 below state avg
889 students Less Diverse
14 sports • 622 athletes
Rising School
Grades 05-12
Bishop Stang High School
4.4 mi
17 sports • 1,282 athletes
Strong Athletics
Grades 09-12
B+
Dartmouth High School
4.9 mi | #107 of 346 | Score: 59.7
Dropped 11 spots from last year
+1.5 above state avg
902 students Moderate
16 sports • 1,546 athletes
College Ready Curriculum Strong Athletics
Grades 09-12
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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $519
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

1148 American Legion Hwy, Westport MA 02790

Westport, MA 02790

Listing Information

Listing Agent Christopher M. Demakis
Listing Office Demakis Family Real Estate, Inc.
Office Phone 508-758-8181
Agent MLS ID BB985280
Office MLS ID AN4538
Listing Data Updated Jul 9, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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