1148 American Legion Hwy, Westport MA 02790
Westport, MA 02790
$1,300,300
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Sale Statistics
Sale Overview
Original List Price:
$1,595,000
Final Sale Price:
$1,300,300
Difference:
$294,700 (-18.5%)
Performance Metrics
81.5%
List to Sale Ratio
Sold below asking price
68
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$440
Sale $/sq ft:
$359
This property sold for $359 per square foot
Sale Summary
This property sold for 18.5% below the original asking price.
The property spent 68 days on market before selling.
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
69
Total Days on Market
Property Timeline
Sold
Sep 8, 2026
$1,300,300
Property sold
Days on Market: 69
Pending Sale
Jul 17, 2026
Offer accepted, sale pending
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
$1,300,000
Original listing
Agent: Christopher M. Demakis
Office: Demakis Family Real Estate, Inc.
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 |
|---|---|---|---|---|---|
| 09/08/2026 | ✓ Sold | $1,300,300 | - | - | Property sold |
| 07/17/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 07/05/2026 | ↓ Price Reduced | $1,300,000 | $295,000 | - | From $1,595,000 to $1,300,000 (-18.5%) |
| 05/09/2026 | 🏠 Listed for Sale | $1,300,000 | - | - | Original listing |
| 05/09/2026 | 🏠 Listed for Sale | $1,595,000 | - | - | Original listing |
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
Stories
2
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%
Interior
Heating
Baseboard, Natural Gas, Common
Cooling
None
Flooring
None
Appliances
Refrigerator
Fireplace
None
Basement
Partial, Crawl Space, Interior Entry
Laundry
None
Features
Studio
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street, Common, Paved
Total Spaces
15
Utilities
Electric
None
Water
Private
Sewer
Private Sewer
Gas
None
Other
None
Financial
Annual Tax
$6,222
Assessed Value
$854,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
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.
Additional Details
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)
69 days
Property Overview
Property Type
5-9 Family
Listing Type
Sold
Year Built
1948
Bedrooms
13
Full Bathrooms
13
Living Area
3,622 sq ft
Total Rooms
16
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,622 sq ft above grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
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:
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
Nearby Schools
School information not available for this location.
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
Sep 8, 2026 11:18 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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