1148 American Legion Hwy, Westport MA 02790
Westport, MA 02790
$1,595,000
Est. $8,784/month
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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Property History
Market Insights
Property Timeline
Pending Sale
Jul 21, 2026
Offer accepted, sale pending
Listed for Sale
May 9, 2026
$1,595,000
Original listing
Agent: Christopher M. Demakis
Office: Demakis Family Real Estate, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/21/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 05/09/2026 | 🏠 Listed for Sale | $1,595,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $6,222 | — |
Financial Details
Annual Property Tax
$6,222
Tax Year 2026
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1948
Living Area
3,622 sq ft
Lot Size
1.00 acres
Investment Metrics
Gross Income
$140,640
Net Operating Income
$105,640
Operating Expenses
$35,000
Cap Rate
6.62%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Private Water, Private Sewer
Financial
Annual Tax
$6,222
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Business Zoning. 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.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Bristol
Property Overview
Listing Type
Commercial Sale
Year Built
1948
Living Area
3,622 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1948
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
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
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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 21, 2026 6:18 PM 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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