151 - 153 Main St, Bourne MA 02532
Bourne, MA 02532 • Buzzards Bay
$1,400,000
$1,200,000
Est. $6,679/month
About this home
Buyers changed their plans and this prime property located in downtown Buzzards Bay is available to the wise investor. It has views of the railroad bridge and is a stones throw to the Cape Cod Canal. Currently there are 3 rental units and a 4th unit which is open to imagination. The town of Bourne has placed liberal zoning on the area of this property which allows for further development to the site. All units were remodeled to the studs in 2012 & 2013 and new electrical, plumbing, wall board and heating and hot water systems were installed. Most appliances will remain. Liberal Village zoning "may" permit adding additional units. This is an outstanding opportunity to be part of the thriving downtown of Buzzards Bay which is home to the Massachusetts Maritime Academy, the National Marine Life Center and many visitor attractions.
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Property History
Market Insights
1
Price Changes
14.3%
Price Range
Property Timeline
Back On Market
Jul 14, 2026
Active
Status: Active under contract
Jun 24, 2026
Active → Active Under Contract
Pending Sale
Jun 23, 2026
Offer accepted, sale pending
Price Reduced
Jun 12, 2026
$1,200,000
$200,000
(-14.29%)
From $1,400,000 to $1,200,000 (-14.3%)
Listed for Sale
Mar 30, 2026
$1,400,000
Original listing
Agent: Ralph J. Grassia
Office: Conway - Wareham
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/14/2026 | • Back On Market | - | - | - | Active |
| 06/24/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 06/23/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/12/2026 | ↓ Price Reduced | $1,200,000 | $200,000 | - | From $1,400,000 to $1,200,000 (-14.3%) |
| 03/30/2026 | 🏠 Listed for Sale | $1,400,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,930 | $631,200 |
Financial Details
Annual Property Tax
$4,930
Tax Year 2025
Assessed Value
$631,200
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1900
Living Area
2,034 sq ft
Lot Size
0.58 acres
Bedrooms
7
Full Baths
3
Total Rooms
12
Investment Metrics
Units
4
Unit 1 Rent
$1,500/mo · Y
Unit 2 Rent
$2,000/mo · Y
Unit 3 Rent
$2,000/mo · Y
Total Monthly Rent
$5,500/mo
Gross Income
$66,000
Net Operating Income
$66,000
Cap Rate
5.50%
Interior
Heating
None
Cooling
None
Flooring
Tile, Vinyl, Carpet, Stone/ceramic Tile
Appliances
Range
Fireplace
None
Basement
Full, Partial
Laundry
None
Features
Storage, Stone/granite/solid Counters, Bathroom With Tub, Country Kitchen, Kitchen, Living Rm/dining Rm Combo, Office/den
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Patio
Parking
Features
Off Street, Driveway, Stone/gravel
Total Spaces
10
Utilities
Electric
220 Volts
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range
Financial
Annual Tax
$4,930
Assessed Value
$631,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Small Cottage Does Not Have Plumbing But Does Have Electric Heat And Regular Indoor Flooring, It Was Previously Used As Office Space.
Exclusions
Washers And Dryers Belong To Tenants And Do Not Transfer With Property.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Beige
Sq Ft Source
Public Record
Sq Ft Disclosures
4th unit is finished with everything except heat and plumbing Sq.Ft not included in Living area.
Documents
None
County
Barnstable
Total market time (incl. prior listings)
292 days
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
3
Living Area
2,034 sq ft
Total Rooms
12
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,034 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Patio
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:
Tile, Vinyl, Carpet, Stone/Ceramic Tile
Appliances:
Range
Interior Features:
Storage, Stone/Granite/Solid Counters, Bathroom With Tub, Country Kitchen, Kitchen, Living RM/Dining RM Combo, Office/Den
Windows:
Basement:
Full, Partial
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter, Stone, Irregular
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Cooling Zones:
3
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch, Patio
Fencing:
Other Structures:
Lot Features:
Flood Plain, Level
Road Surface:
Parking & Garage
Total Parking Spaces:
10
Parking Features:
Off Street, Driveway, Stone/Gravel
Special Features
View:
Yes
View Type:
Scenic View(s)
Community Amenities:
Nearby Schools
School District
Bourne School District local
B
School Safety
2024-25
1.2%
Low
1.2%
Suspensions
1.2%
In-School
4.3% below state avg
Elementary Schools
4 schools
Independence Academy
1.8 mi
Grades K-12
Bridgeview Montessori School
5.0 mi
Grades PK-06
St. Margaret Primary School
< 0.1 mi
Grades PK-04
B-
Bourne Intermediate School
1.0 mi
|
#495 of 824
|
Score: 44.8
Dropped 37 spots from last year
-13.4 below state avg
359 students
Moderate
Grades 03-05
Middle Schools
1 school
B-
Bourne Middle School
1.2 mi
|
#209 of 352
|
Score: 40.0
Improved 56 spots from last year
-18.2 below state avg
394 students
Less Diverse
Rising School
Grades 06-08
High Schools
2 schools
C
Bourne High School
1.0 mi
|
#245 of 346
|
Score: 46.8
Dropped 131 spots from last year
-11.4 below state avg
341 students
Moderate
16 sports
• 890 athletes
Strong Athletics
Grades 09-12
B+
Upper Cape Cod Vocational Technical School
4.6 mi
|
#121 of 346
|
Score: 58.6
Dropped 8 spots from last year
+0.4 above state avg
838 students
Moderate
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
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Monthly Payment Breakdown
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Property Tax
$411
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
Buzzards Bay
151 - 153 Main St, Bourne MA 02532
Bourne, MA 02532
Listing Information
Listing Agent
Ralph J. Grassia
Listing Office
Conway - Wareham
Office Phone
508-295-6560
Agent MLS ID
FR000322
Office MLS ID
AN7962
Listing Data Updated
Jul 18, 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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